From 1945 to 1995, the debt—GDP ratio in the United States
A) steadily fell.
B) steadily increased.
C) fell from 1945 until around 1970 and rose thereafter.
D) fell from 1945 until around 1980 and rose thereafter.
D
Economics
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Suppose that Bill budgets exactly $50 each month for fresh shrimp, regardless of whether shrimp is priced at $10 per pound, or is on sale for $4 per pound. Based on this information, Bill's price elasticity of demand is:
a. 0. b. Cannot be determined. c. 1. d. infinite.
Economics
Distinguish between microeconomics and macroeconomics
Please provide the best answer for the statement.
Economics