Author Question: An individual who suffers from money illusion will A) feel that a doubling of prices and income ... (Read 46 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
An individual who suffers from money illusion will
 
  A) feel that a doubling of prices and income improves his economic position.
  B) concentrate on relative prices.
  C) never be fooled by the impact of price changes on the purchasing power of income.
  D) try to use counterfeit money.

Question 2

An increase in demand is shown graphically by
 
  A) a shift of the demand curve to the left.
  B) a movement up along the existing curve.
  C) a shift of the demand curve to the right.
  D) a movement down the existing curve.



carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

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?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

For a complete list of videos, visit our video library