Author Question: When there is a surplus in the market, the quantity sold is A) equal to the quantity supplied. ... (Read 40 times)

rl

  • Hero Member
  • *****
  • Posts: 579
When there is a surplus in the market, the quantity sold is
 
  A) equal to the quantity supplied.
  B) equal to the quantity demanded.
  C) less than the quantity demanded.
  D) greater than the quantity bought.

Question 2

The CPI is the average price of all goods and services produced within the economy.
 
  Indicate whether the statement is true or false



kusterl

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

B

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library