Other things the same, a decrease in the price level makes the interest rate decrease, which leads to a depreciation of the dollar in the market for foreign-currency exchange

When the percentage change in the quantity demanded is less than the percentage change in price, then demand is

A) inelastic. B) unit elastic. C) elastic. D) irrelevant. E) undefined.

A school of tuna swimming in the ocean is

A) nonexcludable and rival. B) excludable and rival. C) nonexcludable and nonrival. D) excludable and nonrival.