The FE line is vertical because the level of output at full employment doesn't depend on the

Log-linear demand function is also called a constant-elasticity demand function

Indicate whether the statement is true or false

The cross elasticity between two goods, X and Y, is positive. From this, we can conclude that goods X and Y are:

a. substitute goods. b. complementary goods. c. unrelated goods. d. inferior goods. e. normal goods.