Movie theaters charge lower prices to see a movie in the afternoon than in the evening because there is an:
A. Inelastic supply of movies in the evening
B. Elastic demand to see movies in the evening
C. Elastic demand to see movies in the afternoon
D. Inelastic demand to see movies in the afternoon
C. Elastic demand to see movies in the afternoon
Economics
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The value of total output and total income in the simple circular flow model
A) include only intermediate goods. B) are equal to each other. C) are measures of the economy's level of savings. D) are related in the sense that national income is less than national product.
Economics
What are the differences between the federal debt, the budget deficit, and the primary budget deficit?
What will be an ideal response?
Economics