If 1 U.S. dollar exchanges for 1.89 Australian dollars, how much would it cost in U.S. dollars and cents to purchase an Australian video priced at 40 Australian dollars?

The net change in quantity demanded of a good following a price change

a. is equivalent to the substitution effect b. is equivalent to the income effect c. must decrease as marginal utility rises d. is negative only when the income effect is negative e. reflects both the substitution and income effects

If you want a say in the management of a corporation, you should buy

A) common stock. B) preferred stock. C) bonds. D) either bonds or preferred stock.