Author Question: When economists speak of preferences as influencing demand, they are referring to A) directly ... (Read 37 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
When economists speak of preferences as influencing demand, they are referring to
 
  A) directly observable changes in prices and income.
  B) an individual's attitudes toward goods and services.
  C) the excess of wants over the available supplies.
  D) the availability of a good to all income classes.

Question 2

What factors can change expectations about the exchange rate?
 
  A) interest rate parity
  B) purchasing power parity
  C) real GDP parity
  D) Both answers A and B are correct.



aadams68

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

For a complete list of videos, visit our video library