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Author Question: Chicken and fish are substitutes. Therefore, the cross elasticity of demand between chicken and fish ... (Read 91 times)

jon_i

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on: Jun 30, 2018
Chicken and fish are substitutes. Therefore, the cross elasticity of demand between chicken and fish should be:
 a. negative.
 b. positive.
 c. zero.
 d. All of the above are possible.

Question 2

If there is currently an inflationary gap in the economy the Fed could work toward recovery through an open market sale of government securities.
 a. True
  b. False
  Indicate whether the statement is true or false


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blfontai

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

b

Answer to Question 2

True


jon_i

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  • Posts: 549
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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