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Author Question: If the prices of productive substitute goods decreased and productive technology improved at the ... (Read 131 times)

arivle123

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If the prices of productive substitute goods decreased and productive technology improved at the same time, as a result:
 a. prices would rise and there would be and an indeterminate effect on quantities exchanged.
  b. prices would fall and there would be and an indeterminate effect on quantities exchanged.
  c. prices would rise and larger quantities would be exchanged.
 d. prices would fall and larger quantities would be exchanged.

Question 2

Changing reserve requirements is the most important method the Federal Reserve uses to change the supply of money.
 a. True
  b. False
  Indicate whether the statement is true or false



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TheDev123

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Answer to Question 1

d

Answer to Question 2

False




arivle123

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


helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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