Cross-price elasticity is used to determine whether goods are inferior or normal goods

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The public choice model asserts that the self-interest of policymakers is likely to cause them to take actions that are inconsistent with the preferences of voters, even where those preferences are clear

Indicate whether the statement is true or false

Economics

From the point of view of a particular country, capital inflows are:

A. purchases of foreign goods or services by domestic households or firms. B. purchases of domestic assets by foreigners. C. purchases of foreign assets by domestic households or firms. D. purchases of domestic goods or services by foreigners.

Economics