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Author Question: If you observed that the market price of a good rose, while the quantity exchanged fell, which of ... (Read 28 times)

kwoodring

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on: Jun 30, 2018
If you observed that the market price of a good rose, while the quantity exchanged fell, which of the following could have caused the change?
 a. An increase in supply.
  b. A decrease in supply.
 c. An increase in demand.
  d. A decrease in demand.

Question 2

The existence of inflation and other possible uncertainties reduces the usefulness of money as a store of value.
 a. True
  b. False
  Indicate whether the statement is true or false


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essyface1

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

b

Answer to Question 2

True


kwoodring

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  • Posts: 560
Reply 2 on: Jun 30, 2018
Excellent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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