An increase in total revenue results occurs from which of the following?
a. Price decreases when demand is inelastic.
b. Price increases when demand is elastic.
c. Price decreases when demand is elastic.
d. Price increases when demand is unitary elastic.
c
Economics
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Does expansionary fiscal policy directly increase the money supply? Isn't it true that the president and Congress fight recessions by spending more money?
What will be an ideal response?
Economics
Which of the following interest rates is usually below other money market rates?
A) Discount rate B) Prime rate C) Federal funds rate D) Treasury note rate
Economics