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Author Question: As real U.S. GDP increases, U.S. income increases and so A) U.S. imports increase. B) U.S. ... (Read 87 times)

Mollykgkg

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As real U.S. GDP increases, U.S. income increases and so
 
  A) U.S. imports increase.
  B) U.S. exports decrease.
  C) U.S. imports decrease.
  D) investment increases.
  E) U.S. exports increase.

Question 2

Fresh orange juice and frozen orange juice are substitutes in production. The price of fresh orange juice rises. As a result, the equilibrium price of frozen orange juice ________ and the equilibrium quantity ________.
 
  A) rises; increases
  B) rises; decreases
  C) does not change; decreases
  D) falls; increases
  E) falls; decreases


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ky860224

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Mollykgkg

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Reply 2 on: Jun 29, 2018
Excellent


kishoreddi

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Reply 3 on: Yesterday
Gracias!

 

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