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Author Question: A rise in the price level that reduces the real wealth of people who hold financial assets is an ... (Read 221 times)

future617RT

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A rise in the price level that reduces the real wealth of people who hold financial assets is an illustration of the:
 a. interest rate effect.
  b. monetary theory.
  c. supply-side theory.
  d. wealth effect.
  e. trade effect

Question 2

A change in which of the following variables does not cause a change in demand?
 a. prices of unrelated goods
  b. incomes of demanders
 c. the number of demanders
  d. tastes of demanders



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lucas dlamini

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Answer to Question 1

d

Answer to Question 2

a




future617RT

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


amit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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