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

Author Question: A 1,000 price tag on a stereo system is an example of money as a unit of account. a. True b. False ... (Read 89 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
A 1,000 price tag on a stereo system is an example of money as a unit of account.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A safety report is released that contends that sport utility vehicles are more prone to roll over during crashes than was previously thought. At the same time, the price of steel (used to produce motor vehicles) increases. The net effect of these two incidents on the market for sport utility vehicles is a(n):
 a. decrease in price and an increase in equilibrium quantity.
 b. decrease in price and a decrease in equilibrium quantity.
 c. increase in price and a decrease in equilibrium quantity.
 d. indeterminate change in price and a decrease in equilibrium quantity.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

True

Answer to Question 2

d




leilurhhh

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

For a complete list of videos, visit our video library