The range to the left of the midpoint on a linear demand curve is
A) elastic.
B) infinite.
C) one.
D) inelastic.
Answer: A
Economics
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A productivity slowdown was observed from the
A) early 1950s to the late 1960s. B) early 1960s to the early 1970s. C) late 1960s to the early 1980s. D) mid-1980s to the late 1990s.
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If the annual interest rate is 0%, the net present value of receiving $550 in the next year is
a. $550 b. $551 c. $549 d. $500
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