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

Author Question: An increase in the relative price of a good cannot be caused by A) an increase in the nominal ... (Read 113 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 29, 2018
An increase in the relative price of a good cannot be caused by
 
  A) an increase in the nominal price of the good that is greater than the increase in the nominal price of the other good.
  B) a decrease in the nominal price of the good that is less than the decrease in the nominal price of the other good.
  C) a decrease in the nominal price of the other good while the price of the good itself remains constant.
  D) an increase in the nominal price of the other good while the price of the good itself remains constant.

Question 2

An example of an entrepreneur would be
 
  A) the owner of a new Indian food restaurant.
  B) the cafeteria employee who won the employee of the month award.
  C) a Greyhound bus driver.
  D) the cashier at your local supermarket.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


formula1

  • Hero Member
  • *****
  • Posts: 666
Reply #2 on: Jun 29, 2018
Correct answers!


aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

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?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ... The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ...
Goiter is an enlarged thyroid gland caused by an iodine deficiency Goiter is an enlarged thyroid gland caused by an iodine deficiency
Botulism A rare but serious paralytic illness caused by the bacterium Clostridium botulinum Botulism A rare but serious paralytic illness caused by the bacterium Clostridium botulinum
Examples of Human Disorders Caused by Single-Gene Mutations Examples of Human Disorders Caused by Single-Gene Mutations
Disorders and conditions that can be caused or aggravated by stress Disorders and conditions that can be caused or aggravated by stress
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library