If goods X and Y are complements, then the cross price elasticity of demand between them will be
a. positive.
b. negative.
c. zero.
d. infinity.
b
Economics
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In the above table, the efficient level of output can be achieved through a per unit
A) subsidy of $20. B) tax of $20. C) subsidy of $60. D) tax of $60.
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The services rendered by a special agent with the Federal Bureau of Investigation is included in which expenditure category of GDP?
a. consumption b. investment c. government purchases d. net exports
Economics
You have made an investment of $250 that will yield a profit of $30 in one year. If the interest rate is 11.5%, what is your internal rate of return?
A. 10.7% B. 11.8% C. 12.0% D. 12.2%
Economics
The slope of a straight line
A. is constant. B. is not constant. C. must first increase then decrease. D. is always positive.
Economics