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

Author Question: According to the law of demand A) people buy more of a good when the price rises. B) people buy ... (Read 45 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
According to the law of demand
 
  A) people buy more of a good when the price rises.
  B) people buy more of a good when their income rises.
  C) people buy more of a good when the relative price rises.
  D) people buy more of a good when the price falls.

Question 2

All of the following are examples of macroeconomic problems EXCEPT
 
  A) inflationary pressures caused by an increase in the cost of petroleum.
  B) unemployment caused by a fall off in the level of residential construction.
  C) a decline in the rate of overall economic growth.
  D) consumers deciding to buy more fish and less beef because of concerns about a healthier diet.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

What emotions are these people expressing? Are these emotions global? Is their way of expressing ... What emotions are these people expressing? Are these emotions global? Is their way of expressing ...
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
People in poor, urban areas often find themselves in “food deserts" People in poor, urban areas often find themselves in “food deserts"
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Why do people hate mathematics? Why do people hate mathematics?
Famous People with Parkinson's Disease Famous People with Parkinson's Disease
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library