In pursuing a strategy of monetary targeting, the central bank announces that it will achieve a certain value (the target) of the annual growth rate of a ________

At a price of $5, consumers buy 200 units of good X. When the price falls to $4, quantity demanded increases to 250 units. We can conclude that over this range, demand is:

A) elastic. B) unit elastic. C) inelastic. D) perfectly inelastic.

You are given the following consumption function C = 50 + .80YD. What is the amount of autonomous consumption expenditures?

A) 75 B) 100 C) 5 D) 50