Author Question: If consumers expected the price of a good to increase in the near future and the price of a ... (Read 46 times)

nevelica · **on:** Jun 30, 2018

If consumers expected the price of a good to increase in the near future and the price of a complement good decreased at the same time, as a result:
a. prices would rise.
b. prices would fall.
c. larger quantities to be exchanged.
d. both prices and quantities exchanged would increase.

Question 2

The Fed is part of the executive branch of the federal government.
a. True
b. False
Indicate whether the statement is true or false