Author Question: If you observed that the market price of a good rose, while the quantity exchanged fell, which of ... (Read 63 times)

kwoodring · **on:** Jun 30, 2018

If you observed that the market price of a good rose, while the quantity exchanged fell, which of the following could have caused the change?
a. An increase in supply.
b. A decrease in supply.
c. An increase in demand.
d. A decrease in demand.

Question 2

The existence of inflation and other possible uncertainties reduces the usefulness of money as a store of value.
a. True
b. False
Indicate whether the statement is true or false