[Answered] Consumer surplus equals the quantity supplied minus the quantity demanded. a. True b. False ...

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Author Question: Consumer surplus equals the quantity supplied minus the quantity demanded. a. True b. False ... (Read 100 times)

Bob-Dole

Hero Member
Posts: 547

on: Jun 30, 2018

Consumer surplus equals the quantity supplied minus the quantity demanded.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If the money supply is held constant as both real and nominal GDP are rising.
a. the velocity of money will rise.
b. the velocity of money will fall.
c. interest rates will rise.
d. both (a) and (c)

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ultraflyy23

Sr. Member
Posts: 312

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

d

Bob-Dole

Hero Member
Posts: 547

Reply #2 on: Jun 30, 2018

Thank you

ultraflyy23

Sr. Member
Posts: 312

Reply #3 on: Jun 30, 2018

No problemo

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Author Question: Consumer surplus equals the quantity supplied minus the quantity demanded. a. True b. False ... (Read 100 times)

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