When two goods are complements
A) the demands for both goods will be elastic.
B) cross price elasticity of demand will be 0.
C) cross price elasticity of demand will be negative.
D) cross price elasticity of demand will be positive.
C
Economics
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If housing prices are expected to increase, then, other things equal, the demand for houses will ________ and that of Treasury bills will ________
A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase
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Which is a behavioral economics justification for limiting advertising directed towards children?
A) Children have no money. B) Children pester their parents too much. C) Children have no memory. D) Children do not always have transitive preferences.
Economics