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Author Question: Moving up (to the left) along a linear demand curve, the price elasticity of demand A) decreases. ... (Read 237 times)

imanialler

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on: Jun 29, 2018
Moving up (to the left) along a linear demand curve, the price elasticity of demand
 
  A) decreases.
  B) does not change.
  C) increases.
  D) at first increases and then decreases.

Question 2

In the short run, an increase in government expenditure on goods and services ________ real GDP and ________ the price level.
 
  A) increases; rises
  B) increases; falls
  C) decreases; rises
  D) decreases; falls


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joshbk44

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

C

Answer to Question 2

A


imanialler

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

jomama

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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