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Microeconomics 6th Edition by Robert Hall, Shirley Kuiper, Marc Lieberman
Edition 6ISBN: 978-1133708735Microeconomics 6th Edition by Robert Hall, Shirley Kuiper, Marc Lieberman
Edition 6ISBN: 978-1133708735 Exercise 15
In the market for Amazon.com stock ,explain how each of the following events,ceteris paribus,would affect the demand curve for the stock and the stock's price.
a. The interest rate on U.S. government bonds,an asset considered safe from default,rises.
b. People expect the interest rate on U.S. government bonds to rise,but it hasn't yet risen.
c. Google announces that it will soon start competing with Amazon in the market for books,DVDs,and everything else that Amazon sells.
a. The interest rate on U.S. government bonds,an asset considered safe from default,rises.
b. People expect the interest rate on U.S. government bonds to rise,but it hasn't yet risen.
c. Google announces that it will soon start competing with Amazon in the market for books,DVDs,and everything else that Amazon sells.
Explanation
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a)Government bonds are considered to be ...
Microeconomics 6th Edition by Robert Hall, Shirley Kuiper, Marc Lieberman
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