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Author Question: Fill in the blank: Other things constant, the introduction of generic (non-brand name) drugs on the ... (Read 67 times)

genevieve1028

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on: Jun 29, 2018
Fill in the blank: Other things constant, the introduction of generic (non-brand name) drugs on the market tends to ________ the price elasticity of demand for brand name drugs.
 
  A) increase
  B) decrease
  C) leave unchanged
  D) alter for the better

Question 2

If Federal Reserve notes and coins are 765 billion, and banks' reserves at the Fed are 8 billion, the gold stock is 11 billion, and the Fed owns 725 billion of government securities, what does the monetary base equal?
 
  A) 765 billion
  B) 773 billion
  C) 776 billion
  D) 744 billion
  E) 1,509 billion


jointhecircus

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

A

Answer to Question 2

B


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