The lowest possible elasticity shown here is
A. 10.
B. 1.0.
C. 0.1.
D. 0.001.
D. 0.001.
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What's a normal good to me might be
A) a normal good to you. B) an inferior good to you. C) a bad to you. D) any of the above to you.
Which of the following curves in the IS—LM model is vertical?
A) The IS curve B) The LM curve C) The FE line D) The AD curve
At the time monetary union in Europe began in 1999, which of the following countries declined to participate?
A) France B) United Kingdom C) Italy D) Germany
Since 1960, Canadian labor force participation rate has ________ and the unemployment rate has ________.
A) trended higher; trended lower B) trended lower; varied over the business cycle C) trended higher; varied over the business cycle D) trended higher; trended higher E) varied over the business cycle; trended higher