An example of a seller in a financial market would be:
A. entrepreneurs starting new ventures.
B. the government when it needs to finance public spending.
C. individuals who have a savings account.
D. families buying new cars
C. individuals who have a savings account.
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The demand for movies is unit elastic if
A) a 5 percent decrease in the price leads to an infinite increase in the quantity demanded. B) a 5 percent increase in the price leads to a 5 percent decrease in the quantity demanded. C) any increase in the price leads to a 1 percent decrease in the quantity demanded. D) a 5 percent increase in the price leads to a 5 percent increase in total revenue.
Double-entry bookkeeping requires that the debit and credit entries for any transaction must balance
a. True b. False Indicate whether the statement is true or false
Use the following graph for a private closed economy to answer the next question. 
The multiplier for the above economy is
A. 2. B. 3. C. 4. D. 5.
When total revenue and price are directly related, demand is
A) unit-elastic. B) inelastic. C) elastic. D) not related.