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Author Question: A rise in the price of a good causes producers to supply more of the good. This statement ... (Read 59 times)

panfilo

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on: Jun 29, 2018
A rise in the price of a good causes producers to supply more of the good. This statement illustrates
 
  A) the law of supply.
  B) the law of demand.
  C) a change in supply.
  D) the nature of an inferior good.

Question 2

If the current account balance is -100 billion and the capital and financial account balance is 80 billion, then the official settlement account balance is
 
  A) -20 billion.
  B) 20 billion.
  C) always 0.
  D) impossible to determine with the information given.


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Loise Hard

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

A

Answer to Question 2

B


panfilo

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Reply #2 on: Jun 29, 2018
Correct answers!


Loise Hard

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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