« previous next »

Author Question: If a good is a normal good, an increase in income will A) decrease the quantity demanded of the ... (Read 183 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
If a good is a normal good, an increase in income will
 
  A) decrease the quantity demanded of the good.
  B) increase the demand for the good.
  C) cause the demand curve for the good to shift to the left.
  D) cause a movement down along the demand curve.

Question 2

A major contributor to a country's real rate of economic growth is its real GDP growth relative to its
 
  A) inflation.
  B) unemployment rate.
  C) money growth.
  D) none of the above.


macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
Reply #2 on: Jun 29, 2018
Thank you


macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Blood vessels: (A) normal artery; (B) constriction; (C) arteriosclerosis and atherosclerosis. Blood vessels: (A) normal artery; (B) constriction; (C) arteriosclerosis and atherosclerosis.
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Microarray procedure for analyzing gene expression in normal and cancer cells Microarray procedure for analyzing gene expression in normal and cancer cells
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library