An open market sale, an increase in the discount rate, and an increase in the reserve requirement would shift the aggregate demand curve leftward

A good in the United States is worth $2,000 and the same good in Mexico is worth 50,000 pesos. This implies that $1 U.S. is worth _____ pesos

a. 25 b. 30 c. 15 d. 24

Along a segment of the demand curve where the price elasticity of demand is less than 1, a decrease in price:

a. decreases quantity demanded. b. will increase total revenue. c. will decrease total revenue. d. is impossible.