« previous next »

Author Question: If consumers were originally willing to buy 500 units of a good at a price of 20 are now willing to ... (Read 93 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
If consumers were originally willing to buy 500 units of a good at a price of 20 are now willing to buy 500 units of the same good at a price of 10, that change would be described as a decrease in demand.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following will decrease aggregate demand?
 a. exports rising faster than imports
 b. exports falling faster than imports
 c. exports rising the same amount as imports
  d. exports rising and imports falling


Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Awilson837

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Jun 30, 2018
Thank you :)


Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Cryptorchidism. (a) In complete cryptorchidism, the testes of a newborn have failed to descend into Cryptorchidism. (a) In complete cryptorchidism, the testes of a newborn have failed to descend into
onions taste good onions taste good
Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ... Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ...
Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ... Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ...
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Video: Introduction to Heart Attacks

For a complete list of videos, visit our video library