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 93 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
Wow, this really help


Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

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 use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library