« previous next »

Author Question: When the price of apples goes up A) the quantity of apples demanded will decrease, ceteris ... (Read 72 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
When the price of apples goes up
 
  A) the quantity of apples demanded will decrease, ceteris paribus.
  B) the demand for apples will increase, ceteris paribus.
  C) the quantity of apples demanded will increase, ceteris paribus.
  D) the demand for apples will decrease, ceteris paribus.

Question 2

If the marginal propensity to consume (MPC) is 0.8, the multiplier is
 
  A) 0.8. B) 5.0. C) 1.2. D) 0.2.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d
Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ... Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library