One reason why purchasing power parity may not work perfectly is that some goods, because of their nature, are difficult to trade

Assuming that the demand for a good has decreased and the supply of a good has increased by the same amount, then:

a. The change in price is determinate but the change in quantity is indeterminate. b. The change in quantity is determinate but the change in price is indeterminate. c. Neither the change in price nor the change in quantity will be indeterminate. d. Both the change in price and the change in quantity will be indeterminate.

The kinked demand curve is an explanation of sticky prices

a. True b. False Indicate whether the statement is true or false