Author Question: An increase in costs associated with additional security measures taken by the airlines is most ... (Read 76 times)

nramada · **on:** Jun 30, 2018

An increase in costs associated with additional security measures taken by the airlines is most likely to lead to:
a. a decrease in equilibrium price and a decrease in equilibrium quantity.
b. a decrease in equilibrium price and an increase in equilibrium quantity.
c. an increase in equilibrium price and a decrease in equilibrium quantity.
d. an increase in equilibrium price and no change equilibrium quantity.

Question 2

Expansionary fiscal policy will result in a ____ price level and ____ employment in the short run.
a. higher; higher.
b. higher; lower.
c. lower; higher.
d. lower; lower.