Author Question: Along a straight-line demand curve, as the price falls the A) demand becomes more elastic. B) ... (Read 161 times)

saraeharris

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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

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Answer to Question 1

B

Answer to Question 2

A



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