In financial markets, buyers are people who:

A. want to spend money on something of value right now, but don't have cash on hand.
B. have cash on hand and are willing to let others use it, for a price.
C. want to spend money on something of big value in the future, but don't know how to save for it.
D. have cash promised to them at some future date.

A. want to spend money on something of value right now, but don't have cash on hand.

Economics

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You and your college roommate eat three packages of Ramen noodles each week. After graduation last month, both of you were hired at several times your college income. You still enjoy Ramen noodles very much and buy even more, but your roommate plans to buy fewer Ramen noodles in favor of foods she prefers more. When looking at income elasticity of demand for Ramen noodles, yours would

a. be negative, and your roommate's would be positive. b. be positive, and your roommate's would be negative. c. be zero, and your roommate's would approach infinity. d. approach infinity, and your roommate's would be zero.

Economics

In order for a cap-and-trade system to work, it must be that pollution permits are bought by producing firms -- and not given to them as part of an attempt to prevent them to lobby against the cap-and-trade system

Answer the following statement true (T) or false (F)

Economics