If the price of a good increases from 3 to 4, and the quantity ...

[Shelles]

If the price of a good increases from 3 to 4, and the quantity demand remains unchanged, then the demand is
 
  A) perfectly inelastic.
  B) perfectly elastic.
  C) somewhat elastic.
  D) infinite.

Question 2

Aggregate demand is the relationship between the quantity of real GDP demanded and the ________.
 
  A) price level
  B) money wage rate
  C) real wage rate
  D) nominal GDP demanded

[cloudre37]

Answer to Question 1

A

Answer to Question 2

A

[Shelles]

Thanks for the timely response, appreciate it

[FergA]

Excellent