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Chips and Salsa Are Complements

question 216

True/False

Chips and salsa are complements.If the price of salsa decreases, the demand for chips will increase.


Definitions:

December 2007

Marked the beginning of the global financial crisis that led to significant economic downturns worldwide.

Business Fluctuations

The cyclical increases and decreases in economic activity that an economy experiences over time.

Great Depression

A severe worldwide economic depression that took place during the 1930s, starting in the United States, marked by significant declines in industrial production and employment.

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Used to describe a situation or condition that is significantly worse or more intense than others.

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