If demand is unit elastic:
a. Total revenue and prices rise and fall together.
b. Total revenue rises as price falls.
c. Total revenue falls as price rises.
d. Total revenue remains constant as price rises or falls.
Question 2
The money supply would tend to fall if:
a. banks decide to keep more excess reserves and people convert more of their demand deposits to currency.
b. banks decide to keep more excess reserves and people deposit currency in their demand deposit accounts.
c. banks decide to keep fewer excess reserves and people deposit currency in their demand deposit accounts.
d. banks decide to keep fewer excess reserves and people convert more of their demand deposits to currency.
Primary production increases with an increase in total phosphorus concentration.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Average Global Temperature Rise over the Past Century
To measure engine oil pressure, remove the oil pressure sending (sender) unit usually located near ...
How much the temperature will rise depends on many factors that affect the level of GHG emission
Rising sea level: Some areas will be affected by a rise of just 40 cm