a. unit elastic. b. inelastic. c. elastic. d. None of the above is correct, sinc

ID: 1228893 • Letter: A

Question

a. unit elastic.

b. inelastic.

c. elastic.

d. None of the above is correct, since a price increase alwaysleads to an increase in total revenue.

a. negative and therefore pizza is an normal good.

b. negative and therefore pizza is a inferior good.

c. positive and therefore pizza is an inferior good.

a. aggregate demand only.

b. aggregate supply only.

c. aggregate demand and aggregate supply.

d. neither aggregate demand nor aggregate supply.

a. increase the money supply.

b. increase government expenditures.

c. decrease taxes.

d. All of the above are correct.

a. changes in the interest rate to change aggregate demand.

b. changes in the money supply to change interest rates.

c. the Fed to make changes in policy.

d. None of the above is correct.

1.C 2.C 3.B 4.A

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.