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

Author Question: The data in the above table indicate that the economy will be in a short-run macroeconomic ... (Read 30 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
The data in the above table indicate that the economy will be in a short-run macroeconomic equilibrium at a price level
 
  A) between 130 and 121.
  B) between 119 and 111.
  C) of 120.
  D) of 110.

Question 2

Suppose the price of coffee is 3 each, the price of bagels is 2 each and a person's budget is 40. The relative price of coffee is
 
  A) 1.5 bagels.
  B) 2/3 of a bagel.
  C) 13.33 bagels.
  D) 20 bagels.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pangili4

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Tazate

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Wow, this really help

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

2006 Data:Top 25 Substances Involved in Human Exposures 2006 Data:Top 25 Substances Involved in Human Exposures
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Hormones acting through the brain help regulate metabolism and short- and long-term appetite. Hormones acting through the brain help regulate metabolism and short- and long-term appetite.
Distribution of Thunderstorms: Detailed data on cloud-to-ground lightning flashes have been ... Distribution of Thunderstorms: Detailed data on cloud-to-ground lightning flashes have been ...
Wash all surfaces in a massage room daily, including the massage table. Wash all surfaces in a massage room daily, including the massage table.
Experiments showing that long- or short-day plants flower in response to night length. Each horizont Experiments showing that long- or short-day plants flower in response to night length. Each horizont
Video: Gastrin (gastric emptying) & Secretin (buffering gastric acid)

For a complete list of videos, visit our video library