Refer to the figure above. If the relative price of S were to increase, then the price line would

If an Atlanta bakery raises the price of their rye bread by 11 percent and the quantity demanded decreases by 11 percent, then the demand for the rye bread is ________ and the bakery's total revenue ________

A) unit elastic; does not change B) unit elastic; increases C) unit elastic; decreases D) elastic; does not change E) inelastic; does not change

Either a cut in business taxes or an increase in real interest rates would increase investment and aggregate demand, other things equal

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