Demand is inelastic when a price ________ results in total revenue ________
A) rise; decreasing
B) fall; increasing
C) rise, increasing
D) fall, remaining the same
C
Economics
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Which of the following is included in M2?
A) U.S. Treasury bonds B) stocks C) savings accounts D) commercial paper
Economics
What was the thesis to James O'Neill's paper where he introduced the BRIC acronym?
A) These nations were going to collapse. B) These were failing states and thus a treat to global stability. C) These economies were moribund and needed IMF assistance. D) These nations had the potential to change global trade and capital flows. E) These nations would repeat the patterns of development and business cycles as the United States and Europe had in their economic history.
Economics