Which are not generally considered to be complementary goods?
a. Beef and chicken
b. Razors and razor blades
c. Gasoline and motor oil
d. Beer and pretzels
a. Beef and chicken
Economics
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DSL and broadband internet service would be considered an example of:
A) substitute goods. B) giffen goods. C) inferior goods. D) complementary goods.
Economics
The GDP deflator of a country whose nominal GDP is $10.5 billion and real GDP is $8.5 billion is 123.5
a. True b. False Indicate whether the statement is true or false
Economics
According to the Laffer curve, when very low marginal tax rates are lowered, tax revenue will
A. decline. B. stay the same. C. increase.
Economics
A major feature of a market system is that:
A. there is full employment. B. there is consumer sovereignty. C. all producers make profits. D. there is economic equality.
Economics