Suppose two variables are inversely related. If one variable rises, then the other variable:
A. also rises.
B. falls.
C. remains unchanged.
D. reacts unpredictably.
Answer: B
Economics
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Two variables that affect the slope of the aggregate demand curve are
a. government purchases and real taxes. b. tax rates and interest rates. c. government purchases and interest rates. d. exchange rates and income rates.
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Which of the following is most likely to be a monopoly?
A) Ford, an auto manufacturer B) Verizon, a wireless service provider C) The Washington Post newspaper D) a public water utility
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“Lower prices are always good for business.” Evaluate this statement.
What will be an ideal response?
Economics
How much is the MPS?
Economics