This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements is an example of positive economic analysis? A) The inflation ... (Read 125 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
Which of the following statements is an example of positive economic analysis?
 
  A) The inflation rate is too high.
  B) The government should worry less about inflation and more about unemployment.
  C) If the government increases the rate of growth of the money supply, the inflation rate will increase, ceteris paribus.
  D) The elderly live on a fixed income, so the government has an obligation to keep inflation rates low.

Question 2

Other things being equal, the relationship between price and quantity supplied is
 
  A) negative.
  B) constant.
  C) positive.
  D) non-existent.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nyrave

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

C




newyorker26

  • Member
  • Posts: 536
Reply 2 on: Jun 29, 2018
Wow, this really help


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library