This topic contains a solution. Click here to go to the answer

Author Question: An increase in demand will increase the quantity sold but not the price in a market if: a. supply ... (Read 120 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
An increase in demand will increase the quantity sold but not the price in a market if:
 a. supply is perfectly elastic
 b. supply is perfectly inelastic
  c. supply is relatively elastic
 d. supply is relatively inelastic

Question 2

An increase in the money supply:
 a. will definitely result in inflation if unemployment is high and there is much unused industrial capacity.
  b. shifts the aggregate demand curve to the left.
 c. will probably result in inflation if the economy is fully employed.
 d. causes interest rates to rise.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

a

Answer to Question 2

c




captainjonesify

  • Member
  • Posts: 543
Reply 2 on: Jun 30, 2018
Wow, this really help


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

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?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library