« previous next »

Author Question: If a good is a normal good, an increase in income will A) decrease the quantity demanded of the ... (Read 196 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?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

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.

A very high-resolution texture of the Moon, including a normal map A very high-resolution texture of the Moon, including a normal map
A normal pregnancy. A normal pregnancy.
Changes in bronchioles during an asthma attack: (a) normal bronchiole, (b) inflammation obstructing ... Changes in bronchioles during an asthma attack: (a) normal bronchiole, (b) inflammation obstructing ...
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
Normal change in sea level Normal change in sea level
Video: Mechanism of enzyme action

For a complete list of videos, visit our video library