« 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 199 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?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Risk factors for falls Risk factors for falls
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Sol Duc Falls in Olympic National Park, Washington. Sol Duc Falls in Olympic National Park, Washington.
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library