If a straight line passes through the point x = 24 and y = 8 and also through the point x = 8 and y = 16, the slope of this line is

Demand-pull inflation is associated with:

a. decreasing total spending (demand). b. increasing total spending (demand). c. decreasing costs of production (supply). d. increasing costs of production (supply).

With regard to environmental programs and regulations, economic analysis indicates that

a. environmental quality is something that people value and, therefore, are willing to pay for. b. people value many other things, but environmental values always come first. c. income levels exert little impact on the demand for environmental quality. d. the cost of an environmental policy matters little if the policy provides environmental health benefits.