A monopolist will maximize its profits by charging a higher price for customers with a price elasticity of

In the 1990s and early 2000s, mortgage lending standards ______________ in the United States. In general, there was a move _____________ traditional lending practices during this period

A) declined; away from B) declined; towards more C) became more strict; away from D) became more strict; towards more

The marginal propensity to consume is calculated by taking the change in ______ and dividing it by the change in ______.

a. saving; consumption spending b. saving; disposable income c. consumption spending; saving d. consumption spending; disposable income