One of the most successful countries in implementing export promotion policies is

The demand for a good is elastic if

A) an increase in its price results in an increase in total revenue. B) a decrease in its price results in a decrease in total revenue. C) an increase in its price results in a decrease in total revenue. D) the good is a necessity.

Investment spending increases during ________, and decreases during ________

A) a deflation; an inflation B) a recession; an expansion C) an expansion; a recession D) a recession; a depression