This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An increase in the price of a close substitute for good A will: a. increase demand, increase price ... (Read 163 times)

beccaep

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
An increase in the price of a close substitute for good A will:
 a. increase demand, increase price and increase the quantity exchanged.
  b. increase demand, increase price and decrease the quantity exchanged.
  c. increase supply, increase price and increase the quantity exchanged.
  d. decrease demand, decrease price and decrease the quantity exchanged.

Question 2

New loans create money directly, but they also create excess reserves in other banks, which leads to still further increases in both loans and the supply of money.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


beccaep

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

A close-up of the migrating snails. A close-up of the migrating snails.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
This isn’t exactly what’s meant by the phrase “You are what you eat,” but it’s close This isn’t exactly what’s meant by the phrase “You are what you eat,” but it’s close
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library