In which of the following types of auctions can bidders NOT see each other's bid?

A) English auction
B) Dutch auction
C) Silent auctions
D) Sealed-bid auction

D

Economics

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If demand is inelastic, the absolute value of the price elasticity coefficient is greater than one

Indicate whether the statement is true or false

Economics

In the market for loanable funds:

A. an increase in available bank lending will increase the interest rate. B. a decrease in saving will reduce the interest rate. C. an increase in borrowing for investment will increase the interest rate. D. a decrease in government borrowing will increase the interest rate.

Economics