This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Investment, a key component of aggregate demand, can cause recessions and booms based on ... (Read 146 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Investment, a key component of aggregate demand, can cause recessions and booms based on fluctuations in its levels.
 
  Indicate whether the statement is true or false

Question 2

Bananas and apples are substitutes. When the price of bananas falls, and a technological advance in apple production occurs at the same time
 
  A) the equilibrium price of apples rises and the equilibrium quantity of apples falls.
  B) the equilibrium price of apples rises and the equilibrium quantity of apples might rise or fall.
  C) the equilibrium price of apples rises and the equilibrium quantity of apples rises.
  D) the equilibrium price of apples falls and the equilibrium quantity of apples might rise or fall.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


fahad

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you :)


lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Traditional animal phylogeny based on body plans. Traditional animal phylogeny based on body plans.
Organization of proteins based on motifs Organization of proteins based on motifs
Upper Paleolithic stone tools include blade-based tools as seen here being produced from a blade cor Upper Paleolithic stone tools include blade-based tools as seen here being produced from a blade cor
Hospice care is based on the belief that when death is inevitable, professional caregivers should ... Hospice care is based on the belief that when death is inevitable, professional caregivers should ...
Foundations of evidence-based practice. Foundations of evidence-based practice.
Water-based Diseases Water-based Diseases
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library