« previous next »

Author Question: Which of the following will hold true if the market for cameras is in equilibrium at a price of 40? ... (Read 98 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
Which of the following will hold true if the market for cameras is in equilibrium at a price of 40?
 
  A) The quantity of cameras produced will equal the quantity of cameras bought in the market.
  B) Sellers of cameras will have an incentive to charge a price higher than 40.
  C) Buyers of cameras will want to buy fewer cameras than they are purchasing at equilibrium.
  D) If the cost of producing cameras falls below 40 per camera, all sellers will stop supplying cameras.

Question 2

Tax policy conducted for the purpose of achieving full employment, price stability, or economic growth is an example of
 
  A) discretionary fiscal policy. B) interest-rate policy.
  C) monetary policy. D) exchange-rate policy.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
True Friendship True Friendship
Hold hand around thumb and little finger and apply broadening strokes across the metacarpals. Press ... Hold hand around thumb and little finger and apply broadening strokes across the metacarpals. Press ...
Stretch the flexor muscles with hyperextension at the wrist. Hold the forearm vertical with one ... Stretch the flexor muscles with hyperextension at the wrist. Hold the forearm vertical with one ...
Control you knife with one hand and hold the item being cut with the other (2 of 3) Control you knife with one hand and hold the item being cut with the other (2 of 3)
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library