Which of the following pairs are not considered to be complementary goods?
A. fertilizer and irrigation systems
B. cereal and milk
C. digital cameras and memory cards
D. coffee and tea
Answer: D
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Money's medium of exchange function helps to compute the real value of labor
Indicate whether the statement is true or false
The most common way for workers to hold market power is when:
A. a monopsony exists. B. they are unionized. C. they compete for minimum wage. D. there are a lot of them.
The group with the highest incidence of poverty in 2010 was
a. women living in a household with no husband present. b. blacks. c. Hispanics. d. people under age 18.
The aggregate demand curve slopes downward because households feel poorer after a decrease in the price level
a. True b. False Indicate whether the statement is true or false