For most consumers, blu-ray players and blu-ray discs are likely to be:

A) substitute goods.
B) complementary goods.
C) inferior goods.
D) independent goods.

Ans: B) complementary goods.

Economics

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The monopoly illustrated in the figure above is unregulated and charges a single price. The deadweight loss created by the monopoly is

A) $0. B) $22.50. C) $45.00. D) $90.00.

Economics

A decrease in the money supply would cause the IS curve to ________ and the LM curve to ________

A) shift down and to the left; be unchanged B) shift down and to the left; shift up and to the left C) be unchanged; shift up and to the left D) be unchanged; shift down and to the right

Economics