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Author Question: An inferior good is a good for which demand A) decreases when income increases. B) increases ... (Read 90 times)

jwb375

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on: Jun 29, 2018
An inferior good is a good for which demand
 
  A) decreases when income increases.
  B) increases when income increases.
  C) decreases when population increases.
  D) increases when population increases.

Question 2

Whenever somebody deposits a check from bank A into a checkable deposit at bank B, bank A's reserves ________ and bank B's reserves ________.
 
  A) increase; decrease
  B) increase; increase
  C) decrease; decrease
  D) decrease; increase
  E) do not change; do not change


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Animal_Goddess

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


jwb375

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

laurnthompson

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Reply 3 on: Yesterday
Excellent

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