The demand for dolls is __________________ than is the demand for Barbie dolls because ___________________.
A. less price elastic; the scope of the market for dolls is more broadly defined
B. more price elastic; the scope of the market for dolls is more broadly defined
C. less price elastic; Barbie dolls have more available substitutes
D. more price elastic; Barbie dolls have more available substitutes
A. less price elastic; the scope of the market for dolls is more broadly defined
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With no Ricardo-Barro effect, a government budget surplus
A) decreases the demand for loanable funds and increases the real interest rate. B) increases the demand for loanable funds and lowers the real interest rate. C) increases the supply of loanable funds and lowers the real interest rate. D) increases the demand for loanable funds and raises the real interest rate. E) decreases the supply of loanable funds and lowers the real interest rate.
Which of the following is a way to finance a budget deficit?
A) increased private saving B) decreased domestic investment C) decreased foreign investment D) all of the above
How do the hierarchical and dual mandates differ in terms of macroeconomic consequences?
What will be an ideal response?
Which of the following are characteristics of a linear demand curve?
A. It has a constant slope. B. It has a constant elasticity of demand. C. The upper half of the liner demand curve is inelastic. D. All of these