The following linear demand specification is estimated for Conlan Enterprises, a price-setting firm:Q = a + bP +cM +dPRwhere Q is the quantity demanded of the product Conlan Enterprises sells, P is the price of that product, M is income, and PR is the price of a related product. The results of the estimation are presented below: 
Given the above, based upon the parameter estimates in the above table
A. the related good is a complement.
B. the related good is a substitute.
C. this good is a normal good.
D. a and b
E. a and c
Answer: E
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Considering the market for loanable funds as depicted in the given graph, a change that increased the quantity people want to save at any given interest rate would cause a new equilibrium at a:
A. lower interest rate and a higher equilibrium quantity of funds saved and invested.
B. higher interest rate and a higher equilibrium quantity of funds saved and invested.
C. lower interest rate and a lower equilibrium quantity of funds saved and invested.
D. higher interest rate and a lower equilibrium quantity of funds saved and invested.
The misery index is the
A. Unemployment rate minus the interest rate. B. Inflation rate plus the interest rate. C. Inflation rate plus the unemployment rate. D. Inflation rate minus the unemployment rate.
For a previously-illegal good, decriminalization will cause
A. supply to become less elastic. B. demand to increase. C. demand to become less elastic. D. price to rise, unambiguously.
Shawna bought an antique table for $200 last year and is now selling it for $250. Her rate of return on the table is:
A. 10 percent B. 20 percent C. 25 percent D. 30 percent