If both prices increase by 10 percent and money income remains constant, the budget line for both goods in question will:
a. become steeper
b. become flatter
c. will have the same slope
d. will become vertical.
c
Economics
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Ceteris paribus, if bond prices rise, then
A) there is no effect on bond yields. B) bond yields will increase as well. C) bond yields will fall D) the Federal reserve must be pursuing contractionary monetary policy.
Economics
Examples of command economies are:
A. the United States and Japan. B. Sweden and Norway. C. Mexico and Brazil. D. Cuba and North Korea.
Economics