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

Author Question: A shortage exists in a market if a. there is an excess supply of the good. b. quantity supplied ... (Read 87 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
A shortage exists in a market if
 a. there is an excess supply of the good.
 b. quantity supplied exceeds quantity demanded.
  c. the current price is below its equilibrium price.
  d. All of the above are correct.

Question 2

Assume that autonomous expenditures in an economy decreased by 10 billion. What is the change in aggregate demand at a given price level if the MPC is 0.5?
 a. increase by 50 billion
  b. increase by 10 billion
  c. decrease by 20 billion
  d. decrease by 10 billion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
:D TYSM

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Plasma protein binding and drug availability. (a) Drug exists in a free state or bound to plasma ... Plasma protein binding and drug availability. (a) Drug exists in a free state or bound to plasma ...
A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water. A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water.
Kyo and jitsu-concept of energy deficiency and excess from shiatsu. Kyo and jitsu-concept of energy deficiency and excess from shiatsu.
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
Blood Supply of the Liver Blood Supply of the Liver
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library