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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 88 times)

leilurhhh

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on: Jun 30, 2018
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.


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Chelseyj.hasty

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

True

Answer to Question 2

d


leilurhhh

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Reply 2 on: Jun 30, 2018
:D TYSM

Bigfoot1984

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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