Suppose goods A and B are complements. If the price of good A increases, will the demand for good B increase or decrease?

Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks, and compact cars. What fundamental economic question are they addressing by making this range of products?

A) Who to produce automobiles for? B) How to produce goods that consumers want? C) What to produce? D) Why produce a variety of automobiles?

A low unemployment rate implies that

A) job offers are scarce and inflation is high. B) job offers are plentiful and wages are high. C) jobs are permanent and job offers are plentiful. D) jobs are difficult to find, and wages are low.