The Federal Reserve is expected to lower interest rates three to six months from now, creating expectations of a hotter housing market. The number of houses for sale in the market today will likely: rise. not change. fall. Obecome unpredictable.

Households and businesses were surprised by oil price increases in 1970s. What happened because of this supply shock?A) The economy experienced disinflation.B) Lenders were made better off at the expense of borrowers becoming worse off.C) Households had an increased incentive to save money.D) Firms experienced an increase in their operating costs.

Use the following demand function to answer questions 3-4. Show all your work to receive full credit. Qpork= 5.2 – 1.47Ppork + 1.82Peef + 0.18Pchicken + 0.38/ Calculate the cross-price elasticity of pork demand with respect to beef if the price of pork is $3.78/lb., the price of beef is $6.15/1b., the price of chicken is $1.90/lb., disposable income is $48000 per capita, and the total quantity demanded of pork is 52 lbs. per capita. If the price of beef increases by 12%, how much would you expect the quantity demanded of pork to change (in lbs.)?

Demand Equation is  Qxd = 500 - 1/2Px - 2Py + 0.0005M + 0.001A. Py = $8 M = $50,000 A = 10,000 What is the demand?

Define Supply and Demand Give examples supply and demand regarding the Car Manufacturers in the US in 2022.

Construct the equation of oscillation of prices from the supply and demand equations: S: p = 2 + 4q D: p = 8 – 2q Po = 2 Find the equilibrium price and classify as stable - unstable, monotone - oscillatory and then sketch the graph