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 94 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


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library