This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Define what a market is and provide three examples of where a market can be ... (Read 86 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
on: Jun 30, 2018
Define what a market is and provide three examples of where a market can be found.

Question 2

If the ____ is/are fixed, a change in nominal income is equivalent to a change in real income.
 a. price level
 b. interest rates
 c. tastes and preferences
  d. future expectations


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

A market is the process of buyers and sellers exchanging goods and services. Examples are abundant: bookstores, corner grocery markets, stock markets such as the New York Stock Exchange, barbershops, roadside markets, online auction markets, etc.

Answer to Question 2

a


Hungry!

  • Member
  • Posts: 1,071
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

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?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Examples of plants Examples of plants
Examples of goal setting Examples of goal setting
Examples of four letter formats: (A) block style, (B) modified block style, (C) modified block style ... Examples of four letter formats: (A) block style, (B) modified block style, (C) modified block style ...
Examples of Sleep Disorders Examples of Sleep Disorders
Professional association conventions provide opportunities for networking with other massage ... Professional association conventions provide opportunities for networking with other massage ...
Examples of Autoantibodies Associated with Autoimmune Disorders Examples of Autoantibodies Associated with Autoimmune Disorders
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library