Yovanka has diabetes and she will pay any amount of money to buy the insulin she needs to stay alive. Yovanka's demand for insulin is:
A) perfectly price-inelastic.
B) perfectly price-elastic.
C) price-elastic.
D) price-inelastic.
A) perfectly price-inelastic.
Economics
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The U-shaped yield curve in the figure above indicates that short-term interest rates are expected to
A) rise in the near-term and fall later on. B) fall sharply in the near-term and rise later on. C) fall moderately in the near-term and rise later on. D) remain unchanged in the near-term and rise later on.
Economics
The NYSE is also called
A) the over-the-counter market. B) the Big Board. C) the Central Market. D) the Exchange.
Economics