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Author Question: Refer to the scenario above. If the population of the economy is 200, the per capita national income ... (Read 92 times)

jace

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on: Jun 30, 2018
Refer to the scenario above. If the population of the economy is 200, the per capita national income is:
 
  A) 17. B) 50. C) 10. D) 35.

Question 2

If your income stays the same and the price level increases, you will buy fewer goods and services due to the
 
  A) interest rate effect. B) real-balance effect.
  C) open economy effect. D) aggregate balances effect.


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bpool94

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

D

Answer to Question 2

B


jace

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

peter

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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