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Author Question: In a perfectly competitive market, situations of surplus or shortage of a good: A) exist till the ... (Read 33 times)

abern

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on: Jun 30, 2018
In a perfectly competitive market, situations of surplus or shortage of a good:
 
  A) exist till the government or any ruling authority intervenes.
  B) are permanent phenomena.
  C) can exist simultaneously.
  D) are self-corrected due to the competitive nature of the market.

Question 2

All of the following will shift the consumption function EXCEPT
 
  A) a change in income.
  B) a change in wealth.
  C) a change in the rate of interest.
  D) a change in expectations concerning economic conditions.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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emsimon14

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abern

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bdobbins

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Reply 3 on: Yesterday
Excellent

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