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Author Question: Refer to the Article Summary. The unexpected increase in the supply of oil mentioned in the article ... (Read 118 times)

khang

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on: Jun 29, 2018
Refer to the Article Summary. The unexpected increase in the supply of oil mentioned in the article summary resulted in a decrease in the price of oil.
 
  After an unexpected decrease in the price of oil, the long-run adjustment ________ the price level and ________ the unemployment rate as they return to their original levels.
  A) increases; increases B) decreases; increases
  C) increases; decreases D) decreases; decreases

Question 2

A bond is a financial security that represents a promise to repay
 
  A) a yearly interest payment and a principal payment.
  B) a yearly principal payment only.
  C) a yearly interest payment only.
  D) Bonds are investments that do not promise any kind of repayment.


kmb352

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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