Rawls argued in favor of income inequality

The market demand for wheat is Q = 100 - 2p + 1pb, where pb is the price of barley. If the price of wheat is $2 and the price of barley is $4, the price elasticity of demand

A) equals (-4/100). B) equals (-25). C) equals (-1). D) cannot be calculated without more information.

The federal budget deficit in 2009 was more than eight times larger than the deficit in 2007

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