Author Question: An import ban results in A) an increase in the product's price. B) a decrease in the quantity of ... (Read 63 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
An import ban results in
 
  A) an increase in the product's price.
  B) a decrease in the quantity of the product bought and sold.
  C) a decrease in the supply of the product.
  D) all of the above.

Question 2

If the quantity of money demanded is less than the quantity of money supplied, then the
 
  A) interest rate will decrease. B) interest rate stays the same.
  C) interest rate will increase. D) effect on the interest rate is indeterminate.



jomama

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jomama

  • Sr. Member
  • ****
  • Posts: 346

 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

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

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library