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Author Question: If mortgages and houses are complements in consumption and interest rates decrease, we would expect ... (Read 125 times)

fagboi

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  • Posts: 535
on: Jul 1, 2018
If mortgages and houses are complements in consumption and interest rates decrease, we would expect to see
 a. An increase in demand for houses
 b. An decrease in demand for houses
 c. An increase in the quantity of houses demanded
  d. An decrease in the quantity of houses demanded

Question 2

If the union leader has already sent strikers to the picket line before entering negotiations, the union has
 a. Eliminated half of the strategies of the game
 b. Forced the firm to choose the best response in the union's best interest
  c. Made it in the firm's best interest to accommodate their requests
 d. All of the above


Mholman93

  • Sr. Member
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  • Posts: 328
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


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