Jerome says that he will spend exactly $25 each month on new apps for his mobile device, regardless of the price of apps. Jerome's demand for apps is

a. perfectly elastic.
b. unit elastic.
c. perfectly inelastic.
d. somewhat inelastic, but not perfectly inelastic.

b

Economics

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Official Development Assistance must be

a. provided by any agency registered with the United Nations b. provided for any government-related purpose c. provided for development purposes, regardless of the terms on which it is provided d. provided for development purposes and with concessional terms e. all of the above

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The acronym NASDAQ (one of the stock exchanges) stands for

A. National Academy of Stock Dealers Automated Quotations B. New American Securities Dealers Automated Quotations C. National Association of Securities Dealers Automated Quotations D. North American Stock Dealers Automated Quotations

Economics