« previous next »

Author Question: As the price of a pound of peanuts falls, the A) demand for peanuts increases. B) demand for ... (Read 353 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
As the price of a pound of peanuts falls, the
 
  A) demand for peanuts increases.
  B) demand for peanuts decreases.
  C) quantity of peanuts demanded increases.
  D) Both answers A and C are correct.

Question 2

Based on the figure above, the aggregate demand curve will shift from AD0 to AD2 when
 
  A) potential GDP increases.
  B) the price level falls.
  C) taxes are lowered.
  D) government expenditure increases.
  E) the Federal Reserve raises the interest rate.


pangili4

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Frequency diagrams of skin colors. (a) Skin color distribution in the parents falls into two discont Frequency diagrams of skin colors. (a) Skin color distribution in the parents falls into two discont
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Stomach peristalsis - Movement of Food Through the Small Intestine

For a complete list of videos, visit our video library