How would an increase in airfares affect the number

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Reference no: EM1320523

Q. Illustrate what is the mechanism by which the "invisible hand" pushes marketplaces to equilibrium?

Q. If a $100 billion decrease in investment spending causes income to decline by $100 billion in the 1st round of the multiplier process also by $75 billion in the second round, income will eventually decline by:

A) $200 billion.

B) $300 billion.

C) $400 billion.

D) $500 billion.

Q. Elucidate how would an increase in airfares affect the number of highway fatalities in any one year?

Reference no: EM1320523

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