Author Question: Coffee and sugar are complements. If a poor sugar harvest leads to an increase in the price of ... (Read 187 times)

SAVANNAHHOOPER23 · **on:** Jun 29, 2018

Coffee and sugar are complements. If a poor sugar harvest leads to an increase in the price of sugar, there will also be

A) an increase in the price of coffee.
B) a decrease in the price of coffee.
C) a rightward shift in the demand curve for coffee.
D) a leftward shift of the supply curve of coffee.

Question 2

In the above table, the government sector balance runs a ________ and net exports runs a ________.

A) surplus of 100 billion; deficit of 200 billion
B) deficit of 100 billion; surplus of 200 billion
C) surplus of 100 billion; surplus of 200 billion
D) deficit of 100 billion; deficit of 200 billion