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Author Question: Which of the following happened during the Great Depression? a. Unemployment and prices increased ... (Read 34 times)

crazycityslicker

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on: Jun 30, 2018
Which of the following happened during the Great Depression?
 a. Unemployment and prices increased while output decreased.
  b. Unemployment increased while output and prices decreased.
  c. Unemployment and prices decreased while output increased.
  d. Unemployment and output decreased while prices increased.
  e. Unemployment and output increased while prices decreased.

Question 2

Compared to the perfectly competitive outcome, monopolistically competitive markets will result in:
 a. a wider variety of products and higher prices.
  b. less product variety and higher prices.
  c. a wider variety of products and lower prices.
  d. less product variety and lower prices.


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katkat_flores

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

b

Answer to Question 2

a


crazycityslicker

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Reply #2 on: Jun 30, 2018
Thank you


katkat_flores

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Reply #3 on: Jun 30, 2018
No problemo


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