If textbook prices rise by 5% this year, and textbook purchases fall by 5% this year, then the price elasticity of demand is:

Under the Soviet system of communism

A) managerial pay was determined by the extent to which managers could lower the per-unit costs of production. B) the per-worker production function in the Soviet Union shifted up more rapidly than production functions in other countries. C) competitive pressures in the Soviet Union allowed the country's technological progress to keep pace with the rest of the world. D) technological progress was slow because managers had little incentive to develop new technologies.

The individual countries of the Eurozone are on which side of the "policy trilemma"?

A) free capital mobility and independent monetary policy B) free capital mobility and fixed exchange rate C) fixed exchange rate and independent monetary policy D) fixed exchange rate and capital controls