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Author Question: A trough is the A) lower turning point of a business cycle when an expansion begins. B) lower ... (Read 131 times)

jilianpiloj

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on: Jun 29, 2018
A trough is the
 
  A) lower turning point of a business cycle when an expansion begins.
  B) lower turning point of a business cycle when a recession begins.
  C) upper turning point of a business cycle when an expansion begins.
  D) upper turning point of a business cycle when a recession begins.

Question 2

Sweatshirts and tee-shirts are complements in consumption and the price of a sweatshirt increases. As a result, the demand for
 
  A) sweatshirts will increase that is, the demand curve will shift rightward.
  B) tee-shirts will increase that is, the demand curve will shift rightward.
  C) sweatshirts will decrease that is, the demand curve will shift leftward.
  D) tee-shirts will decrease that is, the demand curve will shift leftward.


juliaf

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

A

Answer to Question 2

D


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jilianpiloj

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Reply #2 on: Jun 29, 2018
Correct answers!


juliaf

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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