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Author Question: When economists speak of preferences as influencing demand, they are referring to A) directly ... (Read 92 times)

geoffrey

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on: Jun 29, 2018
When economists speak of preferences as influencing demand, they are referring to
 
  A) directly observable changes in prices and income.
  B) an individual's attitudes toward goods and services.
  C) the excess of wants over the available supplies.
  D) the availability of a good to all income classes.

Question 2

What factors can change expectations about the exchange rate?
 
  A) interest rate parity
  B) purchasing power parity
  C) real GDP parity
  D) Both answers A and B are correct.


aadams68

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

B

Answer to Question 2

D


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geoffrey

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Reply #2 on: Jun 29, 2018
Thank you


aadams68

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Reply #3 on: Jun 29, 2018
No problemo


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