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Author Question: The times during which real GDP increases are referred to as A) contractions. B) expansions. C) ... (Read 14 times)

naturalchemist

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on: Jun 29, 2018
The times during which real GDP increases are referred to as
 
  A) contractions.
  B) expansions.
  C) anti-cycles.
  D) corrections.

Question 2

If a consumer is relatively insensitive to changes in the price of a good, then the consumer's demand for the good is
 
  A) elastic.
  B) unit elastic.
  C) inelastic.
  D) perfectly elastic.


wtf444

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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