« previous next »

Author Question: What happens to the demand for Xbox games if the price of an Xbox falls? A) The demand for Xboxes ... (Read 150 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
What happens to the demand for Xbox games if the price of an Xbox falls?
 
  A) The demand for Xboxes decreases because the price of a substitute falls.
  B) The demand for Xboxes increases because the price of a complement falls.
  C) The demand for Xboxes decreases because the price of a complement falls.
  D) The demand for Xboxes remains unchanged.

Question 2

The Ricardo-Barro effect holds that
 
  A) equal increases in taxes and government expenditures have no effect on equilibrium real GDP.
  B) government budget deficits have no effect on the real interest rate.
  C) a government budget deficit crowds out private investment.
  D) a government budget deficit induces a decrease in saving that magnifies the crowding out effect.


Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
The original Supply and Demand graph The original Supply and Demand graph
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library