Question

homework help question 9 multiple choice

.Boost 1:58 PM 1 39% < Back Econ 2 - Final... a @ best explain the Which of the following changes in the electricitymarket ice of electricity! An increase in demand and a decrease in pply Ademain demand and supply As b e demand supply Ademain both demand and by ount 7. The price omare di What m y hopen in the m Demand for but will likely dercase, leading to lower butter prices Demand for but will likely descas, leading to higher butter prices Demand for bu y in leading to lower bumer prices d Demand for forbumer will likely increase leading to higher bumer prices Butler will become an interior good R uscheld income fals across the US due to see what is the expected impact on the for cu cara care mal goods The price and quantity of cars old would increase The quantity of new cars old would decrease but the price would increa The quantity of new cars old would increase but the price would decrease d. New car sales would drop to er until the necession was The price and quantity of wears old would decrease Which of the following causes the supply of leather jackets to increase an increase in the price of leather jackets an increase in the price of zippers a decrease in the price of leather dan decrease in the number of motorcycles an increase in consumer income 10. Which of the following is the best definition of economic growth Massive increases in the money supply coupled with inflation An increase in homeownership An increase in nominal GDP combined with a similar increase in the price level An increase in real per capita GDP Dashboard Calendar To Do Notifications Inbox

Answer 1

6 - Option A

Increase in demand and decrease in supply

7 - option D

Demand for butter will increase leading to higher butter prices

8- Option E

The price and quantity of new cars sold will decrease

9 - Option A

An increase in price of leather jacket

10 - Option D

An increase in real per capita GDP