The use of eminent domain to seize private property always results in an increase in cooperative surplus

The theory of portfolio choice suggests that the most important factor affecting the demand for domestic and foreign assets is

A) the level of trade and capital flows. B) the expected return on these assets relative to one another. C) the liquidity of these assets relative to one another. D) the riskiness of these assets relative to one another.

This graph shows elasticity of demand because the distance between Q1 and Q2 is ______ the distance between P1 and P2.

a. greater than
b. less than
c. the same as
d. irrelevant to