Two Goods That Are Used Together Are Called

question 173

Multiple Choice

Two goods that are used together are called

• A) complements.
• B) inferior.
• C) Giffin.
• D) substitutes.
• E) normal.

Distinguish between ethical and unethical uses of power.

Recognize the importance of expert and referent power in influencing others.

Describe the relationship between power, authority, and influence.

Understand the concept and significance of the zone of indifference.

---

Definitions:

Cyclical Industries

Industries whose performance is heavily influenced by the economic cycle, experiencing higher sales during economic booms and lower sales during recessions.

Sell Government Bonds

The act of disposing of government debt securities in the financial market.

Monetary Authorities

The institutions responsible for regulating a country's money supply and exchange rates, typically a central bank or currency board.

Aggregate Demand

Aggregate demand represents the total demand for goods and services within an economy at a given overall price level and in a given time period.