Ashley decreases her consumption of Good A after the price of Good B decreased. For Ashley
A) Good A and Good B are substitutes.
B) Good A and Good B are complements.
C) Good A is an inferior good.
D) Good B is an inferior good.
Answer: A
Economics
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Critics of the North American Free Trade Agreement (NAFTA) feared that it would:
A. increase the flow of illegal Mexican immigrants to the United States. B. cause the European Union and Japan to raise trade barriers against U.S. goods. C. cause a massive loss of U.S. jobs to Mexico. D. increase foreign ownership of assets in the United States.
Economics
Harvard University admits a larger percentage of applicants than does India's Indian Institute of Technology
Indicate whether the statement is true or false
Economics