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Author Question: Assuming that the demand and supply of a good both decreased by the same amount, the new equilibrium ... (Read 51 times)

tth

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  • Posts: 579
on: Jun 30, 2018
Assuming that the demand and supply of a good both decreased by the same amount, the new equilibrium would represent:
 a. an increase in price and an increase in quantity exchanged.
  b. no change in price and an increase in quantity exchanged.
  c. a decrease in price and a decrease in quantity exchanged.
  d. no change in price, and decrease in quantity exchanged.

Question 2

M1 includes currency, checkable deposits, traveler's checks, and savings deposits
 a. True
  b. False
  Indicate whether the statement is true or false


DHRUVSHAH

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  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


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