From 2001 to 2015, the debt—GDP ratio in the United States
A) steadily fell.
B) steadily increased.
C) was about constant.
D) fell from 1995 to 1998, then rose sharply.
B
Economics
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The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell. The slope between points B and C equals
A) 16. B) 8. C) 4. D) 2. E) 14.
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The price elasticity of demand for good x is defined as:
a. percentage change in px / percentage change in x. b. percentage change in x /percentage change in px. c. percentage change in x/percentage change in income. d. percentage change in x /percentage change in py.
Economics