If the price of a good rises by 10% and the percentage decrease in the total amount consumers spend on the good is 10%, then the good is

If the current account has a positive balance of $100 and the capital and financial account has a negative balance of $90, there will be ________ in official reserves of ________

A) a decrease; $10 B) an increase; $10 C) an increase; $190 D) a decrease; $190

Reasons for studying economics include

a. all of the following b. to better understand world issues by applying the tools of economic analysis c. to help design more effective solutions to society's problems d. to help prepare for careers in fields such as law and politics e. to better understand the impact of world events on an individual's life