If the cross-price elasticity of demand between two goods is negative, then the two goods are ?
A. normal goods
B. unrelated goods
C. Substitutes.
D. Complements
A. normal goods
B. unrelated goods
C. Substitutes.
D. Complements
Positive relationship between price and quantity supplied—that a higher price leads to a higher quantity supplied and a lower price leads to a lower quantity supplied—the law of supply. The law of supply assumes that all other variables that affect supply are held constant.
A. Lagging indicators
B. Flashing indicator
C. Coincidental indicators
D. Leading indicators
A. exports, subsidies
B. exports, patents
C. imports, high tariffs or import quotas
D. imports, subsidies
A. Trade deficit
B. Trade simples
C. Both a & b
D. Not a nor b
A. increasing injections
B. Reducing taxation rates
C. Reducing interest rates
D. Reducing government spending
A. a higher growth rates
B. a fluctuating growth rate
C. a fluctuating growth rates
D. no change in the growth rate