If Two Goods Are Complementary Goods,then

question 76

Multiple Choice

If two goods are complementary goods,then

• A)The cross-price elasticity sign will be negative.
• B)The cross-price elasticity sign is not important.
• C)The cross-price elasticity sign will be positive.

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Definitions:

Pledge

A promise or agreement to do something, often involving a commitment to donate money or resources.

Government Expenditures

Represents the total amount of money spent by the government on various sectors including defense, education, and healthcare.

Tax Receipts

The total collected income from taxes by a government during a specified period.

Public Debt

The total amount of money that a government owes to creditors, both domestic and foreign, also known as national or government debt.