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Author Question: Suppose that the quantity of cars supplied exceeds the quantity of cars demanded. We would expect ... (Read 103 times)

mp14

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on: Jun 30, 2018
Suppose that the quantity of cars supplied exceeds the quantity of cars demanded. We would expect that
 
  A) the price of cars will increase.
  B) the price of cars will decrease.
  C) the supply will increase (supply will shift to the right) to meet the demand.
  D) the demand will decrease (demand will shift to the left) to meet the supply.

Question 2

The multiplier is
 
  A) the percentage of a given change in income that goes towards consumption.
  B) the number which is multiplied by an autonomous change which gives the change in the equilibrium level of real GDP.
  C) the part of consumption that is independent of the level of disposable income.
  D) the proportion of total disposable income that is consumed.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Smiles0805

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mp14

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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