« previous next »

Author Question: As the price of a pound of peanuts falls, the A) demand for peanuts increases. B) demand for ... (Read 553 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
As the price of a pound of peanuts falls, the
 
  A) demand for peanuts increases.
  B) demand for peanuts decreases.
  C) quantity of peanuts demanded increases.
  D) Both answers A and C are correct.

Question 2

Based on the figure above, the aggregate demand curve will shift from AD0 to AD2 when
 
  A) potential GDP increases.
  B) the price level falls.
  C) taxes are lowered.
  D) government expenditure increases.
  E) the Federal Reserve raises the interest rate.


pangili4

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
The growing demand for electrical power, carbon sequestration and storage must be a priority The growing demand for electrical power, carbon sequestration and storage must be a priority
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Crossing over in prophase I increases genetic variation Crossing over in prophase I increases genetic variation
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Energy Flow - Trophic Levels and Food

For a complete list of videos, visit our video library