In the above, which figure shows a line with a slope of 1.0?
A) Figure A
B) Figure B
C) both Figure A and Figure B
D) neither Figure A nor Figure B
A
Economics
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Price discrimination by sellers is usually observed only in situations where
A) low-price customers can easily resell to high-price customers. B) prices are set by competing monopolies. C) sellers are bigots. D) sellers can effectively identify customers by their demand for the product.
Economics
During World War II, whenever interest rates would rise and the price of bonds would begin to fall, the Fed would
A) lower reserve requirements. B) raise reserve requirements. C) make open market purchases of government securities. D) make open market sales of government securities.
Economics