From the perspective of households and businesses deciding where to deposit their money, the key advantage of the private loans issued by commercial banks is ________

Auctions can be differentiated on the basis of ________

A) the number of buyers B) the number of sellers C) the way in which people place their bids D) the degree of competition among buyers

The income elasticity of demand for vacations is 5. If incomes increase by 3 percent next year, the quantity of vacations demanded at today's price will increase by ________ percent

A) 3 B) 5/3 C) 15 D) 5