Which of the following is true about the price elasticity of demand on the top part of a linear demand curve?
a. Demand is inelastic.
b. Demand is unitary elastic.
c. It is impossible to tell.
d. Demand is elastic.
d
Economics
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Currently ____________ people are enrolled in PreCheck and more than __________ more have PreCheck clearance through Global Entry, the Customs and Border Protection trusted-traveler program.
Fill in the blank(s) with the appropriate word(s).
Economics
Under the rational expectations hypothesis, if wages adjust rapidly to new information about intended policy actions, the only time that changes in government policies have real effects is when
A) the changes are unanticipated. B) the changes involve monetary policy. C) the changes involve fiscal policy. D) the changes affect aggregate demand.
Economics