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Author Question: Prices for fresh fruit, vegetables and other food products are examples of A) custom prices. B) ... (Read 48 times)

dmcintosh

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on: Jun 30, 2018
Prices for fresh fruit, vegetables and other food products are examples of
 
  A) custom prices. B) sticky prices. C) temporary prices. D) auction prices.

Question 2

When real Gross Domestic Product (GDP) exceeds total planned real expenditures,
 
  A) a higher level of equilibrium real Gross Domestic Product (GDP) will prevail.
  B) the circular flow will increase.
  C) a lower level of equilibrium real Gross Domestic Product (GDP) will result.
  D) there will be unplanned decreases in inventories.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Anonymous

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


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