Author Question: Suppose the world price of a good is 4. Based on the table below, the country would Price Q ... (Read 49 times)

dalyningkenk · **on:** Jun 29, 2018

Suppose the world price of a good is 4. Based on the table below, the country would

Price Q Demanded Q Supplied
2 100 70
4 95 75
6 90 80
8 85 85
10 80 90
12 75 95

A) import 20 units.
B) export 20 units.
C) import 10 units.
D) export 10 units.

Question 2

There is a positive relationship between the demand for loanable funds and the real interest rate.

Indicate whether the statement is true or false