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Author Question: The impact of an increase in the gasoline tax on SUV sales is A) a macroeconomics topic because ... (Read 27 times)

appyboo

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on: Jun 29, 2018
The impact of an increase in the gasoline tax on SUV sales is
 
  A) a macroeconomics topic because it deals with taxes.
  B) a microeconomics topic because it deals with one industry.
  C) not an economic issue, but rather a political issue.
  D) insignificant.

Question 2

The price of a new textbook is 120 in one year and is 150 two years later, while the price of a used copy of the text increased from 40 to 60. The relative price of a new textbook
 
  A) increased from 3 to 4.5.
  B) decreased from 0.8 to 0.67.
  C) decreased from 3 to 2.5.
  D) remained constant.


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kalskdjl1212

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


appyboo

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
Wow, this really help

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