Refer to the above table. At a price below $5, the absolute price elasticity of demand is

In a two-good, two country world, if one country has a comparative advantage in the production of one good, it can benefit by trading with the other country

Indicate whether the statement is true or false

During the financial crisis of 2007-09, the prices of U.S. Treasury securities

A) rose and the price of corporate bonds declined. B) fell relative to the prices of corporate bonds. C) remained in the same relative position to the prices of corporate bonds. D) were frozen by order of the federal government.