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Author Question: Suppose the world price of a good is 4. Based on the table below, the country would Price Q ... (Read 103 times)

dalyningkenk

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on: Jun 29, 2018
Suppose the world price of a good is 4. Based on the table below, the country would
 
  Price Q Demanded Q Supplied
  2 100 70
  4 95 75
  6 90 80
  8 85 85
  10 80 90
  12 75 95
 
  A) import 20 units.
  B) export 20 units.
  C) import 10 units.
  D) export 10 units.

Question 2

There is a positive relationship between the demand for loanable funds and the real interest rate.
 
  Indicate whether the statement is true or false


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lucas dlamini

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

A

Answer to Question 2

FALSE


dalyningkenk

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  • Posts: 598
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

blakcmamba

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Reply 3 on: Yesterday
Excellent

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