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

Author Question: In July, market analysts predict that the price of gold will rise in August. What happens in the ... (Read 124 times)

abc

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
In July, market analysts predict that the price of gold will rise in August. What happens in the gold market in July, holding everything else constant?
 
  A) The supply curve shifts to the right.
  B) The demand curve shifts to the left.
  C) The quantity demanded and the quantity supplied increase.
  D) The supply curve shifts to the left.

Question 2

What is the term that describes a situation in which one party to an economic transaction has less information than the other party?
 
  A) monopsony B) asymmetric information
  C) inefficient market hypothesis D) unequal market structure


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


abc

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
Gracias!

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Gold dust day gecko (also known as Madagascar day geckos) Gold dust day gecko (also known as Madagascar day geckos)
gold nano-particle gold nano-particle
Sunlight shining through clouds, giving rise to crepuscular rays. Sunlight shining through clouds, giving rise to crepuscular rays.
Pyrite or “Fool’s Gold Pyrite or “Fool’s Gold
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library