This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is not a valid relationship? a. For a normal good: demand for a good ... (Read 37 times)

jace

  • Hero Member
  • *****
  • Posts: 541
Which of the following is not a valid relationship?
 a. For a normal good: demand for a good increases when income falls.
  b. For a normal good: demand for a good decreases when income falls.
  c. For an inferior good: demand for a good decreases when income rises.
  d. For an inferior good: demand for a good increases when income falls.

Question 2

Increases in the capital stock:
 a. Shift the short run aggregate supply curve upward.
 b. Shift the long run aggregate supply curve to the right.
 c. Shift short run aggregate supply curves upward and long run aggregate supply curves to the right.
  d. Do none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

onowka

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

a

Answer to Question 2

b




jace

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
:D TYSM


tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library