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Author Question: Every economic model should include money as a variable. This statement is A) true, because every ... (Read 113 times)

tichca

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on: Jul 1, 2018
Every economic model should include money as a variable. This statement is
 
  A) true, because every transaction in the economy uses money.
  B) true, because the federal reserve is very important.
  C) false, because some transactions in the economy are accomplished without money.
  D) false, because a model can get unnecessarily complex if it includes money.

Question 2

Which of the following is an example of a normative statement?
 
  A) A higher price for a good causes people to want to buy less of that good.
  B) A lower price for a good causes people to want to buy more of that good.
  C) To make the good available to more people, a lower price should be set.
  D) If you consume this good, you will be better off.
Microeconomics ¦ Perloff ¦ 8th Edition
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Mholman93

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tichca

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Reply 2 on: Jul 1, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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