[Answered] Consumer surplus increases whenever the price of a good increases. a. True b. False Indicate ...

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Author Question: Consumer surplus increases whenever the price of a good increases. a. True b. False Indicate ... (Read 77 times)

sc00by25

Hero Member
Posts: 596

on: Jun 30, 2018

Consumer surplus increases whenever the price of a good increases.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If nominal GDP is 954 billion and velocity is 9, then the money supply:
a. is 106 billion.
b. is 122 billion.
c. is 98 billion.
d. is greater than 8 trillion.

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Marked as best answer by a Subject Expert

adammoses97

Sr. Member
Posts: 337

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

a

sc00by25

Member
Posts: 596

Reply 2 on: Jun 30, 2018

Great answer, keep it coming

cici

Member
Posts: 325

Reply 3 on: Yesterday

Wow, this really help

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