Author Question: Which of the following will result in a decrease in a consumer's purchasing power? A) A decrease ... (Read 47 times)

jwb375

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Which of the following will result in a decrease in a consumer's purchasing power?
 
  A) A decrease in the consumer's income
  B) An increase in the price of the good on the vertical axis
  C) An increase in the price of the good on the horizontal axis
  D) all of the above

Question 2

Refer to Scenario 5.4. What is the variance of the investment?
 
  A) -75
  B) 275
  C) 3,150
  D) 4,637.50
  E) 8,125



chinwesucks

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Answer to Question 1

D

Answer to Question 2

E



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