If the elasticity of labor supply is negative, the labor supply curve would be

Suppose the U.S. government imposes a maximum price of $5 per gallon of gasoline, and the current equilibrium price is $3.50 per gallon. This policy represents a:

A. binding price floor. B. non-binding price floor. C. non-binding price ceiling. D. binding price ceiling

A scatterplot allows us

A) to mark peaks and troughs. B) to determine whether a series leads or lags. C) to see the comovement between two time series. D) to determine how persistent a series is.