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Author Question: If a nonrenewable natural resource's price is expected to increase at a rate faster than the ... (Read 101 times)

Bob-Dole

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on: Jun 29, 2018
If a nonrenewable natural resource's price is expected to increase at a rate faster than the interest rate, then the supply today will
 
  A) the supply today will increase.
  B) the supply today will decrease.
  C) the demand today will decrease.
  D) the price today will fall.

Question 2

Food stamps provided by the U.S. Department of Agriculture are an example of
 
  A) a positive externality.
  B) a private subsidy.
  C) vouchers.
  D) an external benefit.


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marict

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

B

Answer to Question 2

C


Bob-Dole

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

laurnthompson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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