Macroeconomists study
a. the decisions of individual households and firms.
b. the interaction between households and firms.
c. economy-wide phenomena.
d. regulations imposed on firms and unions.
c
Economics
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Reducing the maximum LTV is likely to ________ demand and thus ________ the housing price increase
A) decrease; slow down B) increase; slow down C) decrease; speed up D) increase; speed up
Economics
Suppose you notice that when a particular firm raised the price of its product, its total revenue also increased. What does this imply about the price elasticity of demand for this firm’s product and wha factors may be influencing the elasticity?
Economics