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Author Question: Which of the following pairs of goods would most likely exhibit a cross price elasticity of -1.8? ... (Read 36 times)

Charlie

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Which of the following pairs of goods would most likely exhibit a cross price elasticity of -1.8?
 a. orange juice and grapefruit juice
  b. coffee and tea
 c. a bagel and cream cheese
 d. a van and a sport utility vehicle

Question 2

In an open economy, when the Fed increases the supply of money, it will increase net exports and aggregate demand.
 a. True
  b. False
  Indicate whether the statement is true or false



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nekcihc358

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Answer to Question 1

c

Answer to Question 2

True




Charlie

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


parker125

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

 

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