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Author Question: Assume that tortilla chips and salsa are complements. When the price of tortilla chips decreases ... (Read 98 times)

crobinson2013

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Assume that tortilla chips and salsa are complements. When the price of tortilla chips decreases
 
  A) the demand for salsa decreases. B) the supply of salsa decreases.
  C) the demand for salsa increases. D) the demand for tortilla chips decreases.

Question 2

If a significant portion of firms in the economy does not adjust product prices, a predicted result according to new Keynesian theory is
 
  A) real inflation cycles. B) inflation dynamics.
  C) real business cycles. D) output dynamics.


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morrie123456

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crobinson2013

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


mochi09

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

 

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