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 189 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
Excellent

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

seven week embryo seven week embryo
Tooth enamel is laid down in daily increments, with darker bands accumulating about once a week. Tooth enamel is laid down in daily increments, with darker bands accumulating about once a week.
The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ... The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ...
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Embryonic Period - 4th week Embryonic Period - 4th week
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Video: Genetic terms Animation

For a complete list of videos, visit our video library