Q1. If the price elasticity of demand for razors is 0.32, the demand for razors is what?
Q2. Analyze how the different forces will come together to create a convergence between the interests of stockholders and managers.
Q3. Some economists argue that only unanticipated increases in the money supply can affect real GDP. Please explain why this may be the case.
What are the major U.S. exports and imports? How does international trade affect consumption possibilities?