In the context of technology transfer, light green technologies refer to

If a tax cut increases aggregate demand more than aggregate supply, real GDP ________ and the price level ________

A) decreases; rises B) increases; does not change C) decreases; falls D) increases; falls E) increases; rises

Redbox rents DVDs for $1 per day via self-service kiosks located across the United States. In 2007, each kiosk averaged about 50 rentals per day. Suppose Redbox increases their daily price to $1.50

What is the price elasticity of demand if rentals decrease by 20 per day? A) 1.25 B) 1.33 C) 1 D) 0.8