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Author Question: Rhonda views movie tickets and DVD rentals to be substitute forms of entertainment. An increase in ... (Read 49 times)

Collmarie

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on: Jun 30, 2018
Rhonda views movie tickets and DVD rentals to be substitute forms of entertainment. An increase in the price of a DVD rental will probably result in an increase in the:
 a. supply of movie tickets.
 b. quantity of movie tickets demanded.
  c. quantity of DVD rentals demanded.
  d. demand for movie tickets.

Question 2

Demand-pull inflation is caused by:
 a. an increase in aggregate demand.
 b. a decrease in aggregate demand.
 c. an increase in short-run aggregate supply.
  d. a decrease in short-run aggregate supply.


poopface

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

d

Answer to Question 2

a


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