The absolute price elasticity of demand for good X is 1.2 when price is measured in dollars. If price were measured in cents, the price elasticity elasticity of demand would equal

A case for income equality includes all the following except

a. maximum economic growth b. randomness of personal misfortune c. unequal ownership of property d. accepting Rawls's theory of justice e. maximization of society's utility

Mutual funds, pension plans, and life insurance policies:

A. are all forms of savings. B. differ regarding when you can have access to the asset's worth. C. all entrust a professional to decide which financial assets are the best for the saver to hold. D. All of these are true.