If two goods both had negative cross elasticities and negative income elasticities,
a. they are both normal and substitutes for one another.
b. they are both normal and complements for one another.
c. they are both inferior and substitutes for one another.
d. they are both inferior and complements for one another.
Question 2
Which of the following is a definition of velocity?
a. Velocity = value of final goods and services produced/money supply
b. Velocity = real GDP/M
c. Velocity = nominal GDP/real GDP
d. Velocity = (P Q)/(M V)
A black first-generation Labrador/Poodle cross puppy (informally referred to as a Labradoodle) only
negative feedback mechanism
Bill Viola, Room for St. John of the Cross.
Negative feedback control of a regulated variable.
A negative feedback loop.
Test-Cross Results from Mendel’s Experiments