Author Question: An import ban results in A) an increase in the product's price. B) a decrease in the quantity of ... (Read 69 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
An import ban results in
 
  A) an increase in the product's price.
  B) a decrease in the quantity of the product bought and sold.
  C) a decrease in the supply of the product.
  D) all of the above.

Question 2

If the quantity of money demanded is less than the quantity of money supplied, then the
 
  A) interest rate will decrease. B) interest rate stays the same.
  C) interest rate will increase. D) effect on the interest rate is indeterminate.



jomama

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jomama

  • Sr. Member
  • ****
  • Posts: 346

 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library