Using the average price and average quantity, what is the elasticity of demand for oranges when the price of oranges changes from $200 to $160 per bushel and so the quantity demanded changes from 1000 to 1400 bushels?

According to your textbook authors, laws restricting competitors

A) restrict competition. B) reduce greed. C) promote economic fairness. D) improve the alternatives available to customers.

The Taylor rule says that the fed funds rate target is a function of all of the following, except

A) the actual inflation rate. B) the target inflation rate. C) the percentage difference between actual and potential real GDP. D) the level of borrowed reserves.