A price cut will decrease the total revenue a firm receives if the demand for its product is:
a. elastic.
b. inelastic.
c. unit elastic.
d. unit inelastic.
Question 2
The size of the effect of a given deposit of cash into a demand deposit account on the money supply is smaller:
a. the greater the fraction of money people want to hold as currency and the greater the fraction of deposits banks want to hold as excess reserves.
b. the greater the fraction of money people want to hold as currency and the smaller the fraction of deposits banks want to hold as excess reserves.
c. the smaller the fraction of money people want to hold as currency and the greater the fraction of deposits banks want to hold as excess reserves.
d. the smaller the fraction of money people want to hold as currency and the smaller the fraction of deposits banks want to hold as excess reserves.
An Oil-dependent World— Supply and Demand Driven
Total Fertility Rate in the United States, 1860–2008
Desired Fertility versus Total Fertility Rate in Developing Countries
Find derivative using product rule
The phenotype of an organism is the product of interactions
Decrease in mean haplotype heterozygosity