Which of the following can bring about a change in the quantity demanded?
a. Change in supply.
b. Change in quality.
c. Change in income.
d. Change in product price.
e. Change in taste.
d
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______ play a fundamental role in forming children's values
a. Societies b. Families, especially parents c. Schools d. Communities
To determine whether or not a pair of goods are complements, economists are interested in the cross price elasticity of demand between the two goods
a. True b. False Indicate whether the statement is true or false
What role does ideology play in the debate on stabilization?
a. A large role, because there are conservative and liberal economists. b. A primary role, because there are no economic aspects to the debate at all. c. A minor role, because economists are fairly uniform in their political views. d. No role at all, because this is purely a technical question.
Assume you pay a premium of $0.50/bu for a put option with a strike price of $4.00/bu and that the current futures price is $4.25/bu. Then, the option is:
A. In-the-money B. At-the-money C. Out-of-the-money D. None of the above