If the demand for olives falls when the price of cheese falls, then we know that cheese and olives are:
A. substitutes
B. inferior goods
C. complements
D. normal goods
Answer: A
Economics
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Provisions that cause changes in government spending and taxes that do not require action of the President or Congress are called
A) discretionary fiscal policy. B) automatic stabilizers. C) private stabilization effects. D) discretionary stabilizers.
Economics
When a central bank intervenes in the ________, their intention is to ________
A) spot market; convey a clear signal to the markets B) futures market, hide its actions from the markets C) forward market, hide its actions from the markets D) swap markets, convey a clear signal to the markets
Economics