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Author Question: If a market begins in equilibrium and then the demand curve shifts leftward, a A) surplus is ... (Read 122 times)

formula1

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on: Jun 29, 2018
If a market begins in equilibrium and then the demand curve shifts leftward, a
 
  A) surplus is created, which is eliminated by a rise in price.
  B) shortage is created, which is eliminated by a rise in price.
  C) shortage is created, which is eliminated by a fall in price.
  D) surplus is created, which is eliminated by the supply curve shifting leftward.
  E) surplus is created, which is eliminated by a fall in price.

Question 2

An increase in ________ increases potential GDP and ________ aggregate supply.
 
  A) the money price of oil; decreases
  B) the money wage rate; decreases
  C) the money wage rate; increases
  D) technology; decreases
  E) technology; increases
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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ergserg

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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formula1

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

xiazhe

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

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