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Author Question: An increase in costs associated with additional security measures taken by the airlines is most ... (Read 75 times)

nramada

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An increase in costs associated with additional security measures taken by the airlines is most likely to lead to:
 a. a decrease in equilibrium price and a decrease in equilibrium quantity.
  b. a decrease in equilibrium price and an increase in equilibrium quantity.
  c. an increase in equilibrium price and a decrease in equilibrium quantity.
  d. an increase in equilibrium price and no change equilibrium quantity.

Question 2

Expansionary fiscal policy will result in a ____ price level and ____ employment in the short run.
 a. higher; higher.
  b. higher; lower.
 c. lower; higher.
 d. lower; lower.



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af

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Answer to Question 1

c

Answer to Question 2

a




nramada

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Reply 2 on: Jun 30, 2018
Excellent


mcabuhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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