If the supply of oranges is unit elastic, the price elasticity of supply of oranges is

GDP can be computed as the sum of

A) all sales that have taken place in an economy over a period of time. B) the total expenditures of consumers and business over a period of time. C) the total expenditures of consumption, investment, and government expenditure on goods and services over a period of time. D) the total expenditures of consumption, investment, government expenditure on goods and services, and net exports over a period of time.

The general perception in the early 1980s was the S&Ls were not in serious trouble, partly because S&Ls were insured by the

A) Securities and Exchange Commission (SEC). B) U.S. Treasury. C) Federal Deposit Insurance Corporation. D) Federal Savings and Loan Insurance Corporation (FSLIC).