Sharply rising oil prices are most likely to lead to a


A.
Negative demand shock

B.
Positive demand shock

C.
Negative supply shock

D.
Positive supply shock

C.
Negative supply shock

Economics

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Proprietorships, partnerships, and corporations are the primary forms of

A) industries. B) business organization. C) principal-agent relationships. D) command-incentive relationships.

Economics

What is the common feature displayed by the following items? a. eating at a newly opened "fusion" cuisine restaurant b. attending a Red Sox game in Fenway Park c. wearing Lucky Brand designer jeans

A) They are all highly inelastic goods. B) The consumption of these goods takes place privately. C) The consumption of these goods takes place publicly. D) They tend to be consumed by better educated people.

Economics