« previous next »

Author Question: In considering the relationships between price and quantity demanded, ceteris paribus directs the ... (Read 101 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Jun 30, 2018
In considering the relationships between price and quantity demanded, ceteris paribus directs the economist to assume that
 
  A) price increases affect quantity. B) quantity increases affect prices.
  C) either price nor quantity affect demand. D) all other variables remain unchanged.

Question 2

This Application examines the concept of
 
  A) sticky prices. B) consumer spending habits.
  C) stagflation. D) the wealth effect.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


kkenney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Synapomorphies reveal the relationships among tetrapods Synapomorphies reveal the relationships among tetrapods
In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i
Alan Price - Poor People Alan Price - Poor People
Siblings report on what life events triggered changes in their relationships with each other, how ... Siblings report on what life events triggered changes in their relationships with each other, how ...
Lattice Parameter Relationships and Figures Showing Unit Cell Geometries for the Seven Crystal Syste Lattice Parameter Relationships and Figures Showing Unit Cell Geometries for the Seven Crystal Syste
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library