DVD players and DVDs are:

A. complementary goods.
B. inferior goods.
C. independent goods.
D. substitute goods.

Answer: A

Economics

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From an initial long-run equilibrium, if aggregate demand grows more slowly than long-run and short-run aggregate supply, then Congress and the president would most likely

A) decrease oil prices. B) decrease taxes. C) increase the required reserve ratio and decrease government spending. D) decrease government spending. E) lower interest rates.

Economics

The monetary base is smaller than the money supply

Indicate whether the statement is true or false

Economics