Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market and the price of soda increases from $0.75 to $1.00 per can, the quantity of soda demanded in the market will ________ by ________ cans per month.

Refer to the table above. If countries were to trade along the lines of absolute advantage

A) A would export X to B. B) B would import Y from A. C) neither country would want to trade. D) More information is needed to determine the pattern.

The best measure of money is

A) coins and currency. B) the one based on the transactions approach. C) the one based on the liquidity approach. D) something economists have never agreed on.