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Author Question: All else equal, when oil prices increase, people are ________ to look for oil substitutes. This will ... (Read 186 times)

MirandaLo

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on: Jun 29, 2018
All else equal, when oil prices increase, people are ________ to look for oil substitutes. This will ________ the number of years it will take to deplete the stock of oil.
 
  A) discouraged; increase
  B) discouraged; decrease
  C) encouraged; increase
  D) encouraged; decrease

Question 2

A(n) ________ in the supply of loanable funds ________ the real interest rate and ________ investment.
 
  A) increase; raises; decreases
  B) decrease; raises; increases
  C) increase; raises; increases
  D) decrease; raises; decreases
  E) decrease; lowers; decreases


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flexer1n1

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

C

Answer to Question 2

D


MirandaLo

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

ebonylittles

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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