In the figure above, U.S. consumers buy ________ airplanes per year at ________ million per airplane

Which of the following assets is most liquid?

a. funds in a checking account b. a car c. ten acres of land d. a television

A government seeking to raise revenue would be most likely to tax a good

a. having a high income elasticity of demand b. with a low cross elasticity of demand c. having a high price elasticity of demand d. with a low income elasticity of demand e. having a low price elasticity of demand