This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A shortage exists in a market if a. there is an excess supply of the good. b. quantity supplied ... (Read 45 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
A shortage exists in a market if
 a. there is an excess supply of the good.
 b. quantity supplied exceeds quantity demanded.
  c. the current price is below its equilibrium price.
  d. All of the above are correct.

Question 2

Assume that autonomous expenditures in an economy decreased by 10 billion. What is the change in aggregate demand at a given price level if the MPC is 0.5?
 a. increase by 50 billion
  b. increase by 10 billion
  c. decrease by 20 billion
  d. decrease by 10 billion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

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

c

Answer to Question 2

c


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Gracias!

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Deficiency/Vice, Mean/Virtue, Excess/Vice Deficiency/Vice, Mean/Virtue, Excess/Vice
Plasma protein binding and drug availability: (a) The drug exists in a free state or is bound to ... Plasma protein binding and drug availability: (a) The drug exists in a free state or is bound to ...
Good body mechanics for lifting heavy objects. Good body mechanics for lifting heavy objects.
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ... Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
Main Hall, Trajan's Market Main Hall, Trajan's Market
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Wound Repair Animation

For a complete list of videos, visit our video library