The formal definition of price elasticity of demand is
A) change in quantity demanded divided by change in price.
B) quantity demanded divided by price.
C) percentage change in quantity demanded divided by percentage change in price.
D) quantity demanded multiplied by price and divided by 100.
C
Economics
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The time span between the beginning of a downturn and the time by which hard data to indicate a downturn is made available is called:
a. the signal lag b. the implementation lag. c. the impact lag. d. the recognition lag.
Economics
The indirect provision of funds by savers to borrowers is accomplished by
a. banks and other financial markets. b. banks and other financial intermediaries. c. stock markets and other financial markets. d. All of the above are correct.
Economics