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Author Question: The price of a gallon of milk falls. Which of the following is a possible cause? A) a decrease in ... (Read 138 times)

jho37

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on: Jun 29, 2018
The price of a gallon of milk falls. Which of the following is a possible cause?
 
  A) a decrease in the price of oatmeal, a complement to milk
  B) a discovery that milk cause diabetes
  C) Milk is a normal good and people's incomes rise.
  D) a drought that reduces supplies of feed grains fed to cows that produce milk

Question 2

Hong Kong has imports of 1,130 billion and exports of 1,255 billion. Hong Kong definitely has ________.
 
  A) negative net exports of 125 billion
  B) positive net exports of 125 billion
  C) a government budget surplus
  D) Both answers B and C are correct.


aprice35067

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

B

Answer to Question 2

B


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