« previous next »

Author Question: Ceteris paribus, the fear among travelers created by the 9-11 attacks would have what impact on the ... (Read 64 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Ceteris paribus, the fear among travelers created by the 9-11 attacks would have what impact on the market for air travel?
 a. an increase in equilibrium price and an increase in equilibrium quantity.
  b. an increase in equilibrium price and a decrease in equilibrium quantity.
  c. a decrease in equilibrium price and an increase in equilibrium quantity.
  d. a decrease in equilibrium price and a decrease in equilibrium quantity.

Question 2

What is the impact of a 10 billion tax cut on consumer spending, if MPC is equal to 0.8?
 a. 50 billion
  b. 40 billion
  c. 10 billion
  d. 20 billion


ApricotDream

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Boundaries within landscapes created by human activity (background) and natural environmental gradie Boundaries within landscapes created by human activity (background) and natural environmental gradie
The Influence of the September 11, 2001 Terrorist Attacks on Dream Content The Influence of the September 11, 2001 Terrorist Attacks on Dream Content
Stronger threads are created by cold rolling a heat-treated bolt blank instead of cutting the ... Stronger threads are created by cold rolling a heat-treated bolt blank instead of cutting the ...
An impact screwdriver used to remove slotted or Phillips head fasteners that cannot be broken loose ... An impact screwdriver used to remove slotted or Phillips head fasteners that cannot be broken loose ...
A black impact socket. Always use an impact-type socket whenever using an impact wrench to avoid ... A black impact socket. Always use an impact-type socket whenever using an impact wrench to avoid ...
Formation of an Impact Crater Formation of an Impact Crater
Video: Isovolumetric VC, Ventricular ejection, Isovolumetric & Passive ventricular filling

For a complete list of videos, visit our video library