If 1 euro is equal to $1.10, then a bottle of wine selling for $10 U.S. dollars will cost _____ euros.

Savings accounts pay very low rates of interest. The average return on the stock market is about 10-12%, in the long run. Why would anyone put money into a savings account?

What will be an ideal response?

Exhibit 5-1 Demand curve ? In Exhibit 5-1, between points a and b, the price elasticity of demand is:

A. 0.67. B. 1.5. C. 2.0. D. 1.0.