Author Question: Ceteris paribus, a decrease in the price of a good will cause the: a. quantity demanded of the good ... (Read 56 times)

rosent76 · **on:** Jun 30, 2018

Ceteris paribus, a decrease in the price of a good will cause the:
a. quantity demanded of the good to decrease.
b. quantity supplied of the good to increase.
c. consumer surplus derived from the good to increase.
d. supply of the good to decrease.

Question 2

When the economy is on operating beyond the natural rate of real output, efforts to bring inflation down with monetary policy will be ____ successful and efforts to stimulate the economy will be ____ successful.
a. More; less
b. More; more
c. Less; less
d. Less; more