Price elasticities of supply are always:
a. the same as price elasticities of demand.
b. negative numbers.
c. positive numbers.
d. greater than one.
e. increased when a tax is imposed.
c
You might also like to view...
From the early 1990s through 2012, the U.S
A) current account and U.S. capital and financial account were both positive. B) current account was negative. C) balance of payments exceeded the capital account. D) actual balance of payments deficit exceeded what the United States measured as the balance of payments deficit. E) capital and financial account was negative.
Other things the same, if the government increases transfer payments to households, then the effect of this on the government's budget
a. will make investment rise. b. will make the rate of interest rise. c. will make public saving rise. d. All of the above are correct.
In the United States in 2015, consumption represented slightly less than
a. 60 percent of GDP. b. 70 percent of GDP. c. 80 percent of GDP. d. 90 percent of GDP.
What was the lowest federal funds rate target the Fed set in response to the financial crisis?
A. 0 percent B. 1.8 percent C. 2.0 percent D. 2.2 percent