A 25 decrease in the price of breakfast cereal leads to a 20 increase in the quantity of cereal demanded. As a result:
a. total revenue will decrease.
b. total revenue will increase.
c. total revenue will remain constant.
d. the elasticity of demand will increase.
Question 2
If the required reserve ratio was increased, then:
a. the money supply would tend to decrease, but the outstanding loans of banks would tend to increase.
b. both the money supply and the outstanding loans of banks would tend to decrease.
c. the money supply would tend to increase, but the outstanding loans of banks would tend to decrease.
d. both the money supply and the outstanding loans of banks would tend to increase.
Results from sequential study of two cohorts tested at three ages and at three different points in t
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
An example of nutrition labeling on a box of cereal.
Eating Breakfast Means More Energy and Fewer Calories throughout the Day
Cereal is Healthy Breakfast
Keeping your feelings to yourself may increase your stress level