If you know the cross elasticity between two goods is negative, then you know the goods are
A) substitutes.
B) normal goods.
C) complements.
D) inferior goods.
E) inelastic goods.
C
Economics
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The unemployment rate:
A. increases before the start of a recession. B. decreases during recessions. C. increases only after the recession has ended. D. increases during recessions.
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A bond is a(n):
A. claim to partial ownership of a firm. B. agreement issued by a financial intermediary linking savers and investors. C. regular payment made to owners of a firm. D. legal promise to repay a debt.
Economics