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

Author Question: An increase in the relative price of a good cannot be caused by A) an increase in the nominal ... (Read 110 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 29, 2018
An increase in the relative price of a good cannot be caused by
 
  A) an increase in the nominal price of the good that is greater than the increase in the nominal price of the other good.
  B) a decrease in the nominal price of the good that is less than the decrease in the nominal price of the other good.
  C) a decrease in the nominal price of the other good while the price of the good itself remains constant.
  D) an increase in the nominal price of the other good while the price of the good itself remains constant.

Question 2

An example of an entrepreneur would be
 
  A) the owner of a new Indian food restaurant.
  B) the cafeteria employee who won the employee of the month award.
  C) a Greyhound bus driver.
  D) the cashier at your local supermarket.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


formula1

  • Hero Member
  • *****
  • Posts: 666
Reply #2 on: Jun 29, 2018
Correct answers!


aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Young boy with characteristic nasal crease from the repeated action of the “nasal salute” caused ... Young boy with characteristic nasal crease from the repeated action of the “nasal salute” caused ...
The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
Abnormalities Caused by Cardiac Pathology Abnormalities Caused by Cardiac Pathology
Significant hash can be caused by faults in one or more cylinders, whereas amplified hash is not ... Significant hash can be caused by faults in one or more cylinders, whereas amplified hash is not ...
The Zones of Injury Commonly Caused by a Thermal Burn The Zones of Injury Commonly Caused by a Thermal Burn
Crown gall disease caused by Agrobacterium via plant transformation Crown gall disease caused by Agrobacterium via plant transformation
Video: Stretch reflex & Tendon reflex

For a complete list of videos, visit our video library