Use the following graph to answer the question below.Using the regular percentage change formula, what is the price elasticity of supply when moving from point A to point B?

A. 2
B. 1
C. 3
D. 1/3


Answer: B

Economics

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For policymakers, the problem with a recessionary gap is ________ and the problem with an expansionary gap is ________.

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Economics

High gasoline prices give people all of the following incentives EXCEPT

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Economics