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

Author Question: An increase in the price of a close substitute for good A will: a. increase demand, increase price ... (Read 184 times)

beccaep

  • Hero Member
  • *****
  • Posts: 535
An increase in the price of a close substitute for good A will:
 a. increase demand, increase price and increase the quantity exchanged.
  b. increase demand, increase price and decrease the quantity exchanged.
  c. increase supply, increase price and increase the quantity exchanged.
  d. decrease demand, decrease price and decrease the quantity exchanged.

Question 2

New loans create money directly, but they also create excess reserves in other banks, which leads to still further increases in both loans and the supply of money.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

a

Answer to Question 2

True




beccaep

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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?

Blood is approximately twice as thick as water because of the cells and other components found in it.

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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library