If two goods are complements, then their
A) indifference curves are positively sloped straight lines.
B) indifference curves are negatively sloped straight lines.
C) indifference curves are L-shaped.
D) marginal rate of substitution is infinity.
C
Economics
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In the United States, most often the ________ changes first, and the ________ follows
A) CPI; PPI B) GDP deflator; CPI C) PPI; CPI D) PCE; CPI
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Which of the following is true of a human mind?
a. A human mind seldom makes consistent error-free calculations. b. A human mind can attend to more than a handful of concepts at one time. c. A human mind can fully analyze the interrelationships between different concepts. d. A human mind can navigate through complex logic to correct conclusions.
Economics