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 103 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?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ... Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
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.
Rapid sea level rise Rapid sea level rise
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library