This topic contains a solution. Click here to go to the answer

Author Question: When an American college student in Davis, California spends 200 on a pair of Louis Vuitton jeans (a ... (Read 123 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
When an American college student in Davis, California spends 200 on a pair of Louis Vuitton jeans (a famous French brand), U.S. consumption ________, U.S. net exports ________, and U.S. GDP ________.
 
  A) does not change; increases by 200; increases by 200
  B) increases by 200; decreases by 200; does not change
  C) increases by 200; does not change; increases by 200
  D) does not change; does not change; does not change
  E) does not change; decreases by 200; decreases by 200

Question 2

According to your authors, the prohibition on alcohol kept the ________ curve relatively stable while the ________ curve became more ________.
 
  A) supply; demand; elastic
  B) supply; demand; inelastic
  C) demand; supply; elastic
  D) demand; supply; inelastic



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

B

Answer to Question 2

D




nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 29, 2018
Gracias!


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

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?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library