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

Author Question: A sudden rise in the market demand in a competitive industry leads to a. A market equilibrium price ... (Read 114 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
A sudden rise in the market demand in a competitive industry leads to
 a. A market equilibrium price higher than the original equilibrium in the short-run
  b. A market equilibrium price equal to the original equilibrium in the long-run
  c. Both a and b
  d. None of the above

Question 2

If Janet Yellen, Chair of the Federal Reserve Board, begins to tighten monetary policy by raising US interest rates next year, what is the likely impact on the value of the dollar?
 a. The value of the dollar falls when US interest rates rise.
  b. The value of the dollar rises when US interest rates rise.
  c. The value of the dollar is not related to US interest rates.
  d. This is known as Purchasing Power Parity or PPP.
  e. The Federal Reserve has no impact at all on interest rates.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

c

Answer to Question 2

b




magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jul 1, 2018
Wow, this really help


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library