If price decreases by 10 percent and quantity demanded increases by 3 percent, the price elasticity of demand will be

In the monetary small open-economy model with a flexible exchange rate, an increase in the foreign price level has which impact on domestic money demand?

A) It increases it. B) It decreases it. C) It has no impact. D) It depends.

_____ is the only type of firm where it is possible for a person to hold all of the information that matters for all types of decisions

a. Corporation b. A firm where decision-making is centralized c. Sole proprietorship d. A firm where there is separation of ownership and management