The elasticity of supply is defined as the ________ change in quantity supplied divided by the _______ change in price.

Which of the following barometric indicators would be the most helpful for forecasting future sales for an industry?

a. lagging economic indicators. b. leading economic indicators. c. coincident economic indicators. d. wishful thinking e. none of the above

The nominal interest rate on a loan with an annual inflation rate of ? and a real interest rate i is represented as:

a. i+?i? b. i+??i? c. i+??i? d. i+?-i?