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Author Question: Certain goods are related so that an increase in the price of one good decreases the demand for the ... (Read 76 times)

jc611

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on: Jun 30, 2018
Certain goods are related so that an increase in the price of one good decreases the demand for the other. These goods are:
 a. complements.
 b. substitutes.
 c. luxury goods.
 d. competing goods.

Question 2

An increase in the supply of money would decrease the interest rate and increase aggregate demand, other things equal.
 a. True
  b. False
  Indicate whether the statement is true or false


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lolol

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

a

Answer to Question 2

True


jc611

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kishoreddi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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