This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If consumers expect that the price of pretzels will decrease next week, what would happen today? ... (Read 87 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 29, 2018
If consumers expect that the price of pretzels will decrease next week, what would happen today?
 
  A) Demand today for pretzels would decrease.
  B) Demand today for pretzels would increase.
  C) Demand today for pretzels would be unaffected.
  D) Supply today of pretzels would decrease.

Question 2

The real GDP in a nation has just increased from 2 billion to 2.1 billion.
 
  A) This country has experienced economic growth because there is a .1 billion increase in real GDP.
  B) We do not know if this country experienced economic growth since the increase in the population was not given.
  C) We do not know if this country experienced economic growth since information on nominal GDP was not given.
  D) This country did not experience economic growth since .1 billion is not a large number.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


P68T

  • Member
  • Posts: 509
Reply 2 on: Jun 29, 2018
:D TYSM

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

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

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

seven week embryo seven week embryo
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
Did parallel evolution happen in epiphytes, halophytes and rheophytes? Did parallel evolution happen in epiphytes, halophytes and rheophytes?
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Video: ribosome

For a complete list of videos, visit our video library