Which of the following is the best example of the concept of "complement"?
A. Coke and Pepsi
B. Ramen noodles
C. Hot dogs and hot dog buns
D. SUVs
Answer: C
Economics
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When bank loan officers screen loan applicants to eliminate potentially bad risks, they are attempting to mitigate the problem of
A) adverse selection. B) moral hazard. C) interest rate risk. D) illiquidity.
Economics
In a full-employment economy, a rise in M will cause inflation unless:
A. V rises in proportion to the increase in M. B. the quantity of goods produced declines proportionately. C. tax reductions accompany the increase in the money supply. D. the velocity of money diminishes.
Economics