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Author Question: If a product's price increases, quantity: a. supplied increases. b. supplied decreases. c. supplied ... (Read 136 times)

fahad

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on: Jun 30, 2018
If a product's price increases, quantity:
 a. supplied increases.
 b. supplied decreases.
 c. supplied does not change, but supply does increase.
  d. demanded increases.

Question 2

When there is a recessionary gap:
 a. Employment exceeds full employment.
 b. Employment equals full employment.
 c. Employment is less than full employment.
  d. Any of the above is possible.


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Bigfoot1984

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


fahad

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Reply 2 on: Jun 30, 2018
Wow, this really help

okolip

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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