If one is interested in knowing whether or not a pair of products ...

[iveyjurea]

If one is interested in knowing whether or not a pair of products are substitutes, one would be interested in the value of the:
 a. elasticity of supply.
 b. price elasticity of demand.
 c. income elasticity of demand.
 d. cross-price elasticity of demand.

Question 2

The quantity of money demanded varies ____ with the nominal interest rate, but the supply of money is almost perfectly ____ with respect to nominal interest rates.
 a. inversely; elastic
 b. directly; elastic
 c. inversely; inelastic
  d. directly; inelastic

[upturnedfurball]

Answer to Question 1

d

Answer to Question 2

c

[iveyjurea]

YES! Correct, THANKS for helping me on my review

[essyface1]

Thanks for the timely response, appreciate it