A) 0.20.
B) 1.25.
C) 2.50.
D) 5.00.
E) 10.00.
B) 1.25.
C) 2.50.
D) 5.00.
E) 10.00.
Moving up a straight-line demand curve, the absolute price elasticity of demand
A) decreases.
B) remains constant.
C) increases.
D) varies in uncertain ways.
Answer: C
Economics
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When the MPC = 0.9, the multiplier is
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What fiscal policy actions did the U.S. government take in 2008 and 2009?
What will be an ideal response?
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Because of an increase in the work-force participation rate for women, the availability of uncompensated child care (free care by aunts, sisters, and grandmothers) has become less available to poor women, So, as a consequence, the fact that child care must now be paid for suggests that the
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