« previous next »

Author Question: Scalping at major sporting events is an example of A) a surplus caused by the existence of price ... (Read 39 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
Scalping at major sporting events is an example of
 
  A) a surplus caused by the existence of price ceilings.
  B) the operation of rationing by the market.
  C) a black market caused by a price ceiling.
  D) a black market caused by a price floor.

Question 2

Suppose the Fed conducts an open market sale of bonds. This monetary policy action will tend to cause
 
  A) the price of bonds to increase and the interest rate to increase.
  B) the price of bonds to increase and the interest rate to decrease.
  C) the price of bonds to decrease and the interest rate to increase.
  D) the price of bonds to decrease and the interest rate to decrease.


brbarasa

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

The amyloid-β peptide, which plays a major role in Alzheimer’s disease The amyloid-β peptide, which plays a major role in Alzheimer’s disease
Major features of the Solar System (not to scale) Major features of the Solar System (not to scale)
Abnormalities Caused by Cardiac Pathology Abnormalities Caused by Cardiac Pathology
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Major Somatic Sensory Tracts and Pathways Major Somatic Sensory Tracts and Pathways
Major RNA Molecules Major RNA Molecules
Video: Central Nervous System Animation

For a complete list of videos, visit our video library