Purchases of which of the following goods would be dramatically reduced during a recession?

A) ink pens B) refrigerators C) gasoline D) tomatoes

B

Economics

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If people like their goods in fixed proportions, the two goods are

a. perfect substitutes b. perfect complements c. complements (but not perfect) d. substitutes (but not perfect)

Economics

Which of the following will shift the production possibilities curve outward?

a. a hurricane that destroys buildings throughout Florida b. an increase in the capacity utilization of existing factories c. an increase in the unemployment rate d. a decrease in the market price of both goods

Economics