If demand is unit elastic:
a. Total revenue and prices rise and fall together.
b. Total revenue rises as price falls.
c. Total revenue falls as price rises.
d. Total revenue remains constant as price rises or falls.
Question 2
The money supply would tend to fall if:
a. banks decide to keep more excess reserves and people convert more of their demand deposits to currency.
b. banks decide to keep more excess reserves and people deposit currency in their demand deposit accounts.
c. banks decide to keep fewer excess reserves and people deposit currency in their demand deposit accounts.
d. banks decide to keep fewer excess reserves and people convert more of their demand deposits to currency.
The mammalian urinary system including the basic functional unit of the nephron.
An Oil-dependent World— Supply and Demand Driven
The population of Asia increases rapidly, the demand for food and water is also growing
The demand for cheap coal to generate electrical power is rising
Agricultural Land as a Fraction of Total Wealth in the United Kingdom
If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle