If the price of apples decreases by 2 percent and causes apple consumption to increase by 4 percent, the price elasticity of demand is ____, indicating the demand is ____

When industrial activity increases,

A) GDP decreases because of pollution. B) pollution does not necessarily increase. C) health and life expectancy decrease. D) and real GDP increases, it is the case that in all nations fewer resources are devoted to protecting the environment. E) the increase in real GDP is partially offset by the increase in pollution.

The ability of a financial asset to be used to immediately make transactions is called:

A) store of value. B) medium of exchange. C) illiquidity. D) liquidity.