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

Author Question: An increase in demand will increase the quantity sold but not the price in a market if: a. supply ... (Read 113 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


captainjonesify

  • Member
  • Posts: 543
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library