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

Author Question: A valid and useful theory of gold prices: A) helps to predict the movements of gold prices over ... (Read 111 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
A valid and useful theory of gold prices:
 
  A) helps to predict the movements of gold prices over time.
  B) may be founded on simplifying assumptions.
  C) need not exactly predict every change in gold prices.
  D) all of the above
  E) none of the above

Question 2

Economics is about the allocation of scarce resources. Which of the following is NOT an example of economic scarcity?
 
  A) If Steve goes to see a movie on Saturday, he will not be able to afford buying ice cream.
  B) If Jenny studies for her economics quiz this evening, she will not have time to walk her dog.
  C) If General Motors increases its production of SUVs this year, it will have to spend more on advertising.
  D) If Barnes and Noble bookstore increases the number of titles it carries, it will have to reallocate shelf space to accommodate the new titles.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

C




clippers!

  • Member
  • Posts: 828
Reply 2 on: Jul 1, 2018
Wow, this really help


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

For a complete list of videos, visit our video library