This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the quantity demanded is 5 units when the price is 1.00. If the price rises to 2.00, the ... (Read 102 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
Suppose the quantity demanded is 5 units when the price is 1.00. If the price rises to 2.00, the quantity demanded falls to 3 units. The price elasticity of demand is
 
  A) 0.5.
  B) 0.75.
  C) 1.33.
  D) 2.00.

Question 2

Of the following, the riskiest assets held by commercial banks are
 
  A) reserves.
  B) U.S. government bonds.
  C) U.S. government Treasury bills.
  D) loans.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Gracias!

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
How to perform conversions between units with prefixes ranging from pico to mega How to perform conversions between units with prefixes ranging from pico to mega
How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is
Expressing amounts of energy in different energy units is necessary to solve man Expressing amounts of energy in different energy units is necessary to solve man
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ... One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library