« previous next »

Author Question: Ceteris paribus, the fear among travelers created by the 9-11 attacks would have what impact on the ... (Read 20 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Ceteris paribus, the fear among travelers created by the 9-11 attacks would have what impact on the market for air travel?
 a. an increase in equilibrium price and an increase in equilibrium quantity.
  b. an increase in equilibrium price and a decrease in equilibrium quantity.
  c. a decrease in equilibrium price and an increase in equilibrium quantity.
  d. a decrease in equilibrium price and a decrease in equilibrium quantity.

Question 2

What is the impact of a 10 billion tax cut on consumer spending, if MPC is equal to 0.8?
 a. 50 billion
  b. 40 billion
  c. 10 billion
  d. 20 billion


ApricotDream

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Confirming an Extinction-Level Impact Site Confirming an Extinction-Level Impact Site
Nursing diagnosis impact on nursing practice Nursing diagnosis impact on nursing practice
Industrial Waste and the Impact on the Environment Industrial Waste and the Impact on the Environment
Created Equal: A Social and Political History of the United States, Brief Edition Created Equal: A Social and Political History of the United States, Brief Edition
Formation of an Impact Crater Formation of an Impact Crater
Fear of Heights Fear of Heights
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library