When there is an increase in the income tax rate, the aggregate expenditure line will _____

If the cross elasticity of demand between Coke and Pepsi is 2.02, then Coke and Pepsi are

A) complements. B) substitutes. C) normal goods. D) inferior goods. E) Both answers B and C are correct.

A leading variable ________

A) reaches a peak or trough before the turning point of the business cycle B) reaches a peak or trough after the turning point of the business cycle C) reaches a peak or trough at the same time as the turning point of the business cycle D) all of the above E) none of the above