This topic contains a solution. Click here to go to the answer

Author Question: Whenever there is a surplus at a particular price, the quantity sold at that price will equal: a. ... (Read 111 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
Whenever there is a surplus at a particular price, the quantity sold at that price will equal:
 a. the quantity demanded at that price.
 b. the quantity supplied minus the quantity demanded.
  c. the quantity supplied at that price.
 d. (quantity demanded plus quantity supplied)/2.

Question 2

The crowding-out effect implies that:
 a. increases in government purchases will lower interest rates and stimulate investment spending.
 b. higher taxes reduce both consumption and saving.
 c. fiscal policy effects on interest rates will be offset by monetary policy.
 d. increases in government purchases increase income and the demand for loanable funds which will choke off some private spending.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

debra928

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

a

Answer to Question 2

d




ashley

  • Member
  • Posts: 584
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

For a complete list of videos, visit our video library