Author Question: If the newspaper reported that wearing plaid clothing was a sure way to obtain good grades, ... (Read 20 times)

hubes95 · **on:** Jun 29, 2018

If the newspaper reported that wearing plaid clothing was a sure way to obtain good grades, students'

A) budget lines would shift rightward to compensate for the higher price of plaid clothing.
B) budget lines would rotate so that more plaid clothing would be purchased.
C) preferences would change in favor of more plaid clothing.
D) none of the above

Question 2

A currency drain occurs because people want to hold some of their money as currency rather than as deposits.

Indicate whether the statement is true or false