If the price of airline travel in Europe falls and the demand for train travel in Europe also falls, then the two goods are
A) complements.
B) normal goods.
C) substitutes.
D) inferior goods.
C
Economics
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The immediate objective of a nominal anchor is to reduce the variability of ________
A) monetary policy targets B) expected inflation C) aggregate demand D) central bank credibility
Economics
The supply and demand model assumes
A) no buyer or seller can unilaterally influence the price of the product. B) each unit sold is sold at the same price. C) suppliers and demanders know the price of the product. D) All of the above.
Economics