Author Question: Which of the following would most likely cause a decrease in the current demand for a normal good? ... (Read 55 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
Which of the following would most likely cause a decrease in the current demand for a normal good?
 a. An increase in the price of the good.
 b. An increase in the expected future price of the good.
 c. A decrease in the price of a complement for the good.
 d. None of the above would be likely to cause a decrease in current demand for a normal good.

Question 2

The Keynesian-cross model is a complete macroeconomic model.
 a. True
  b. False
  Indicate whether the statement is true or false



courtney_bruh

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library