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Author Question: Which of these is a coincident economic indicator? a. The demand for plant and machinery b. ... (Read 58 times)

jho37

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on: Jun 30, 2018
Which of these is a coincident economic indicator?
 a. The demand for plant and machinery
  b. Personal income
 c. Real estate growth
 d. The interest rate
 e. The unemployment rate

Question 2

The assumption(s) made to construct a kinked-demand oligopoly model is (are) that:
 a. all firms in the industry will ignore the price changes made by any one firm.
  b. any price decrease will be ignored, but price increases will be followed.
  c. all firms will follow a price decrease but will ignore any price increase.
  d. all price changes made by any firm will be followed by all of the other firms.
  e. price can go up, but it cannot go down.


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b614102004

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

b

Answer to Question 2

c


jho37

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Reply #2 on: Jun 30, 2018
Thank you


b614102004

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Reply #3 on: Jun 30, 2018
No problemo


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