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

Author Question: Which of the following is not a valid relationship? a. For a normal good: demand for a good ... (Read 16 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
Which of the following is not a valid relationship?
 a. For a normal good: demand for a good increases when income falls.
  b. For a normal good: demand for a good decreases when income falls.
  c. For an inferior good: demand for a good decreases when income rises.
  d. For an inferior good: demand for a good increases when income falls.

Question 2

Increases in the capital stock:
 a. Shift the short run aggregate supply curve upward.
 b. Shift the long run aggregate supply curve to the right.
 c. Shift short run aggregate supply curves upward and long run aggregate supply curves to the right.
  d. Do none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

onowka

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


jace

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Excellent

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how
Good hand and body mechanics when applying thumb pressure to the back. Good hand and body mechanics when applying thumb pressure to the back.
Nuts are also a good source of dietary fibre Nuts are also a good source of dietary fibre
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library