If the cross elasticity of demand between Jeep Cherokees and Chevy Lumina Vans is 1.55, then the two vehicles are not substitutes in the eyes of car buyers
Indicate whether the statement is true or false
FALSE
Economics
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Which of the following will cause an increase in aggregate demand?
A. Restrictive fiscal policy. B. An increase in the reserve requirement. C. Expansionary monetary policy. D. The sale of bonds by the Fed.
Economics
Transfer payments have reduced poverty among the elderly, but poverty among females has not fallen
a. True b. False
Economics