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Author Question: Other things equal, which of the following is the result of increased saving? a. a decrease in ... (Read 132 times)

KimWrice

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on: Jun 30, 2018
Other things equal, which of the following is the result of increased saving?
 a. a decrease in interest rates
  b. a decrease in prices
 c. forgone consumption
 d. all of the above

Question 2

When a freely functioning market is in disequilibrium:
 a. the government must set a price ceiling.
  b. the government must set a price floor.
  c. the price and quantities demanded and/or supplied change until equilibrium is established.
  d. it will continue to remain in disequilibrium.
  e. it will reach equilibrium at a very high/low price.


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cat123

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

d

Answer to Question 2

c


KimWrice

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ricroger

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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