If the demand curve is a straight line with a negative slope, then demand is more elastic at higher prices than lower prices

Refer to Scenario 6.1. The dominant strategy is for Tasha to work ________ and for Gloria to work ________

A) extremely hard; extremely hard B) extremely hard; somewhat hard C) somewhat hard; extremely hard D) somewhat hard; somewhat hard

M2 includes M1 plus

A) savings account balances, money market deposit accounts in banks, small-denomination time deposits, and noninstitutional money market fund shares. B) checking account deposits, large-denomination time deposits, and noninstitutional money market fund shares. C) currency in circulation, checking account deposits in banks, and holdings of traveler's checks. D) currency in circulation, savings account balances, and small-denomination time deposits.