For Meg, the substitution effect of an interest-rate increase is stronger than the income effect. In response to a higher interest rate, will Meg save more or will she save less?

If you borrow $5,000 from your bank to purchase shares of Twitter from your cousin Vinny, this is an example of obtaining ________ financing and purchasing the stock in a ________ market

A) indirect; secondary B) indirect; primary C) direct; primary D) direct; secondary

Which of the following is not a renewable resource?

a. salmon b. coal c. oak trees d. cattle e. solar energy