A decrease in the general price level is associated with an ...

[Jramos095]

A decrease in the general price level is associated with an upward shift in the aggregate expenditures function.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If an increase in the price of Good X causes a decrease in the demand for Good Y, we can conclude that:
 a. Goods X and Y are complements.
  b. Goods X and Y are substitutes.
 c. Goods X and Y are normal goods.
  d. the price of Good Y will increase.

[lin77x]

Answer to Question 1

True

Answer to Question 2

a

[Jramos095]

Gracias!

[ryhom]

Excellent