For automobile demand in the U.S., the income response tends to be larger in the:

A) short run.
B) long run.
C) The income response is the same in the long run and the short run.
D) We do not have enough information to answer this question.

A

Economics

You might also like to view...

In which country is the central bank more independent than the Federal Reserve?

A) Germany B) Japan C) Great Britain D) All of the above.

Economics

Poverty is a mainstream event experienced by a majority of Americans

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

Economics