The calculated value of a normal good's price elasticity is less than zero

Indicate whether the statement is true or false


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Economics

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Foreign portfolio investment is sometimes called hot money because:

A. it can be withdrawn from a country very quickly. B. it is very difficult to trace. C. it is often invested in the assets which yield the highest returns in the world. D. earnings often go untaxed by the home government.

Economics

Economic stagnation coupled with high inflation is commonly called:

A. stagflation. B. inflationary stagnation. C. stagnatory growth. D. inflagnation.

Economics

It is argued that, with a rising demand for college education, if the supply were to made to become more elastic then college tuition costs would:

A. Rise faster B. Decrease slowly C. Increase more slowly D. Decrease steeply

Economics

Refute the claim by mercantilists who claimed that without severe restrictions on international trade and payments, a country might find itself impoverished and without an adequate supply of circulating monetary gold as a result of balance of

payments deficits.

Economics