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Author Question: If the money price of wheat increases and no other prices change, the A) relative price of wheat ... (Read 149 times)

xclash

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on: Jun 29, 2018
If the money price of wheat increases and no other prices change, the
 
  A) relative price of wheat falls.
  B) opportunity cost of wheat rises.
  C) demand for wheat increases.
  D) relative price of wheat is unaffected.

Question 2

Which of the following is NOT an economic benefit of depository institutions?
 
  A) They borrow long and lend short.
  B) They create liquidity.
  C) They pool risk.
  D) They reduce the cost of monitoring borrowers.


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Sophiapenny

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

OMG..This is soo helpful. Thank you.

Answer to Question 2

A


xclash

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

yeungji

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Reply 3 on: Yesterday
Excellent

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