This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A decrease in the relative price of economics textbooks will raise the aggregate quantity of an ... (Read 55 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jun 30, 2018
A decrease in the relative price of economics textbooks will raise the aggregate quantity of an economy's goods and services demanded.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following best illustrates the fallacy of composition?
 a. If I have more money, I will be better off; therefore if we all had more money, we all would be better off.
 b. If I buy more gas each week, my gas consumption increases; therefore, if all gas consumers buy more gas each week, total gas consumption will increase.
  c. If I spend more time studying, I will learn more; therefore, if all students spend more time studying, they will learn more.
  d. If women's hemlines are higher this year, the Dow Jones Industrials average will fall.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

srodz

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Jun 30, 2018
Wow, this really help

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Apparent motion of Alpha Centauri relative to Beta Centauri Apparent motion of Alpha Centauri relative to Beta Centauri
Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce Fura-2, a Ca2+-sensitive fluorochrome, can be used to monitor the relative conce
Double-label fluorescence microscopy can visualize the relative distributions of Double-label fluorescence microscopy can visualize the relative distributions of
Double-label fluorescence microscopy can visualize the relative distributions of Double-label fluorescence microscopy can visualize the relative distributions of
The relative influence of heredity and the environment in human behavior has fascinated and plagued ... The relative influence of heredity and the environment in human behavior has fascinated and plagued ...
Video: Type of Cell Junctions - Desmosome, Hemidesmosomes and Gap Junctions

For a complete list of videos, visit our video library