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Author Question: Trade barriers should be removed to promote the welfare of the country. This is a(n) A) positive ... (Read 96 times)

erika

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on: Jul 1, 2018
Trade barriers should be removed to promote the welfare of the country. This is a(n)
 
  A) positive statement.
  B) negative statement.
  C) inverse statement.
  D) normative statement.

Question 2

Suppose a market were currently at equilibrium. A rightward shift of the demand curve would cause
 
  A) an increase in price but a decrease in quantity.
  B) a decrease in price but an increase in quantity.
  C) an increase in both price and quantity.
  D) a decrease in both price and quantity.


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jojobee318

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


erika

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

xiazhe

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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