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

Author Question: Nonrivalry in consumption and the inability to exclude nonpaying consumers from using the goods are ... (Read 54 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Nonrivalry in consumption and the inability to exclude nonpaying consumers from using the goods are characteristics of what kinds of goods?
 a. durable
 b. nondurable
  c. public
 d. private

Question 2

If people have rational expectations and correctly estimate the effects of a change in government policy, when the economy is initially at full employment, any anticipated decrease in aggregate demand will result in:
 a. a decrease in both aggregate demand and short-run aggregate supply.
 b. an increase in short-run aggregate supply that will maintain full employment.
  c. higher prices that will reduce aggregate demand to its original level.
 d. a decrease in short-run aggregate supply that will maintain full employment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


ss2343

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Excellent

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

« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Globalized Consumption Globalized Consumption
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Comparison of energy consumption in developing and industrialized nations Comparison of energy consumption in developing and industrialized nations
Industrialized nations consumption Industrialized nations consumption
Canada Total Energy Consumption by Fuel Type Canada Total Energy Consumption by Fuel Type
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library