The cross elasticity between two goods is 2.5 . These goods are:
a. perfect complements.
b. imperfect complements.
c. unrelated.
d. substitutes.
e. inferior.
d
Economics
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When a financial institution hedges the interest-rate risk for a specific asset, the hedge is called a
A) macro hedge. B) micro hedge. C) cross hedge. D) futures hedge.
Economics
Are policies that aim to help the poor identical to policies that achieve income equality? Why or why not?
What will be an ideal response?
Economics
Which of the following goods is NOT subject to the free-rider problem?
A. the local police force B. public fireworks C. a public park D. a mass transit system
Economics
A monopolist sets the market price for its product.
Answer the following statement true (T) or false (F)
Economics