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

Author Question: A rise in the price of a good causes producers to supply more of the good. This statement ... (Read 101 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
A rise in the price of a good causes producers to supply more of the good. This statement illustrates
 
  A) the law of supply.
  B) the law of demand.
  C) a change in supply.
  D) the nature of an inferior good.

Question 2

If the current account balance is -100 billion and the capital and financial account balance is 80 billion, then the official settlement account balance is
 
  A) -20 billion.
  B) 20 billion.
  C) always 0.
  D) impossible to determine with the information given.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


panfilo

  • Hero Member
  • *****
  • Posts: 572
Reply #2 on: Jun 29, 2018
Correct answers!


Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Checking the voltage drop between the TP sensor ground and a good engine ground with the ignition ... Checking the voltage drop between the TP sensor ground and a good engine ground with the ignition ...
The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ... The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ...
Sea-Level Rise Sea-Level Rise
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
Who Oversees the Food Supply? Who Oversees the Food Supply?
Video: What is Cholesterols? Introduction to Lipoproteins

For a complete list of videos, visit our video library