Author Question: Along a straight-line demand curve, as the price falls the A) demand becomes more elastic. B) ... (Read 86 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
Along a straight-line demand curve, as the price falls the
 
  A) demand becomes more elastic.
  B) demand becomes less elastic.
  C) elasticity of demand is constant.
  D) demand is always unitary elastic.

Question 2

Which of the following is NOT an asset of the Federal Reserve?
 
  A) currency
  B) government securities
  C) mortgage-backed securities
  D) None of the above are correct because they are all assets of the Federal Reserve.



ricroger

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

For a complete list of videos, visit our video library