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Author Question: Ceteris paribus, if the market supply of a product decreases, then equilibrium quantity will (be) ... (Read 55 times)

jayhills49

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on: Jun 30, 2018
Ceteris paribus, if the market supply of a product decreases, then equilibrium quantity will (be) ____ and equilibrium price will (be) ____.
 a. increase; increase
 b. decrease; increase
 c. decrease; indeterminate
  d. increase; decrease

Question 2

Which group or groups buy U.S. public debt?
 a. Government agencies
  b. Private individuals
 c. Private institutions
 d. All of the above.


SomethingSomething

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


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