Author Question: If the price of a complementary good decreases, demand for the original good will decrease. ... (Read 83 times)

karen

  • Hero Member
  • *****
  • Posts: 537
If the price of a complementary good decreases, demand for the original good will decrease.
 
  Indicate whether the statement is true or false

Question 2

While the Fed has a dual mandate of goals to achieve, most economists believe that in the long run the single key role is attaining
 
  A) price stability.
  B) high inflation rates.
  C) low economic growth rates.
  D) high levels of income and output.
  E) stable velocity of money.



bd5255

  • Sr. Member
  • ****
  • Posts: 386
Answer to Question 1

FALSE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

For a complete list of videos, visit our video library