The concept of elasticity is used to
a. indicate the economy's ability to rebound from a recession
b. measure the robustness of a variable
c. measure the sensitivity of one variable to changes in another
d. measure price changes
e. measure income changes
C
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How is the probability of an event defined?
What will be an ideal response?
Fungibility means that
a. donors allow recipients to use aid money for any purpose they want b. even if aid money is specified for a project, this frees up a similar amount for other uses c. aid money is given for programs that allow recipients to choose how to use it, within specific limits d. aid money is given in the local currency so its source is unidentifiable e. all of the above
The balance sheet of a depository institution lists:
a. loans to private individuals as assets. b. excess reserves as liabilities. c. checkable deposits as liabilities. d. required reserves as liabilities. e. loans from the central bank as assets.
In 1961, ____ percent of college degrees were earned by women
a. 19 b. 29 c. 39 d. 51