Microeconomics is the branch of economics in which you study inflation and unemployment in the economy

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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If demand for good is very inelastic and supply for the good is very elastic a sales tax imposed on sellers will cause the price received by sellers

A) would not change very much. B) would rise by more than the amount of the tax. C) would fall by an amount of the tax. D) would fall by more than the amount of the tax.

Economics

An unexpected drop in the growth rate of the CPI should send bond prices __________ and stock prices __________

A) up; up B) up; down C) down; up D) down; down

Economics