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Author Question: An import ban results in A) an increase in the product's price. B) a decrease in the quantity of ... (Read 85 times)

Alainaaa8

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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Alainaaa8

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Reply #2 on: Jun 30, 2018
Correct answers!


jomama

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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