When a good has many close substitutes available, it is likely to be:
A. less price elastic than are goods without close substitutes available.
B. more price elastic than are goods with many complement goods available.
C. less price elastic than are goods with many complement goods available.
D. more price elastic than are goods without close substitutes available.
D. more price elastic than are goods without close substitutes available.
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The costs of inflation have been most apparent in the post-war period in countries like
A) Argentina. B) Belgium. C) the United States. D) Canada. E) Japan.
Demand-side inflation is the rise in inflation caused by rapid growth of aggregate demand.
Answer the following statement true (T) or false (F)
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. The marginal cost of the seventh drone is
A. $2.86. B. $3.33. C. $20. D. indeterminate from this information.
An argument against increasing centralization in elementary and secondary education is _____
a. that it is anti-egalitarian b. that there are fewer administrators to oversee extracurricular programs c. that it results in less direct accountability to students and parents d. that socialization is a problem in large school districts