If your demand for a good is ________, then a 1 percent fall in its price will lead you to ________ your expenditures on the good

Since World War II, the likelihood that any single item in the typical consumption basket of a consumer in the U.S. originated outside of the U.S

A) remained constant. B) increased. C) decreased. D) fluctuated widely with no clear trend. E) increased slightly before dropping off.

If e = 0.10, c = 0.20, and H = 440, the money supply at full multiplier expansion is

A) 4400. B) 1467. C) 1760. D) 1907. E) 1173.