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The fact that price and quantity demanded are related negatively illustrates the?
a. law of supply
b. law of quantity supply
c. law of demand
d. law of quantity demanded
e. point that some facts are unobservable.
Q. Describe about Price level and time? We are hardly interested in the value of price level at a certain point in time. What we are interested in is percentage change in the p
It is online assignement, Can u do it?
1. Assume the required reserve-deposit ratio is 12%, and the currency-deposit ratio is 38%. How much would money supply change if the Fed made open market purchases of $100 millio
factor for long run trend of term of trade
The structural deficit: A. falls as the economy expands and rises when it contracts. B. changes as actual income changes regardless of potential income. C. does not change when inc
x=40-0.2p where x=x1+x2 c1=50+2x1+0.5x1 c2=100+10x2
a good is classified as inferior if a. consumers buy less when the price rises b. consumers buy less when the income rises c. consumers buy less when the price falls d.
Since anyone is able to obtain a license, not necessarily the low cost suppliers of archery lessons, and it is not necessarily the individuals with the highest willingness to pay w
The following table have data for a hypothetical open economy. The amount of investment spending is unknown. Question: What is the level of private savings? Question: Wh
explain the model
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