An increase in imports increases aggregate demand
Indicate whether the statement is true or false
FALSE
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What is one reason for the high interest rates for home loans offered to those with low credit ratings?
A) Predatory lending practices B) Those with lower credit ratings faced a restricted supply of loans, ceteris paribus. C) Those with lower credit ratings typically demand greater loans, ceteris paribus. D) Government regulation
Which of the following are complementary goods?
A. trucks and sedans B. sport utility vehicles and gasoline C. white wine and red wine D. butter and margarine
A radio station is best described as
A. a platform in a shared-input market. B. an end user in a transaction-based market. C. a platform in an audience-making market. D. an end user in a matchmaking market.
For each of the following pairs of products, state which are complements, which are substitutes, and which are unrelated
a. Digital camera and memory card b. 7Up and Mountain Dew c. Swimsuits and flip-flops d. Tylenol and cat food e. Photocopier and paper