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Author Question: A good for which demand decreases when income decreases is known as a(n) ________ good. A) normal ... (Read 144 times)

Bob-Dole

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on: Jun 30, 2018
A good for which demand decreases when income decreases is known as a(n) ________ good.
 
  A) normal B) inferior C) complementary D) substitute

Question 2

The stock of capital ________ with any gross investment and ________ with any depreciation.
 
  A) increases; increases B) decreases; increases
  C) decreases; decreases D) increases; decreases
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Leostella20

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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