This topic contains a solution. Click here to go to the answer

Author Question: If the market was a monopoly, the quantity would be ________ and the price would be ________; if the ... (Read 55 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
If the market was a monopoly, the quantity would be ________ and the price would be ________; if the market tis perfectly competitive, the quantity would be ________ and the price would be ________.
 
  A) Q1; P1; Q2; P2
  B) Q2; P1; Q1; P2
  C) Q1; P1; Q2; P1
  D) Q1; P2; Q2; P1
  E) Q1; P2; Q1; P1

Question 2

During the late 1960s, real GDP increased, unemployment fell, and the inflation rate started to rise. Which would have been the appropriate federal government policy combination to improve economic performance by lowering the inflation rate?
 
  A) increase government expenditures, decrease taxes, increase the quantity of money
  B) increase government expenditures, decrease taxes, decrease the quantity of money
  C) decrease government expenditures, increase taxes, decrease the quantity of money
  D) do not change government expenditures or taxes , increase the quantity of money
  E) increase government expenditures, decrease taxes, do not change the quantity of money



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

D

Answer to Question 2

C




tuffie

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Gracias!


Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library