Gigantic State University raises tuition for the purpose of increasing its revenue so that more faculty can be hired. GSU is assuming that the demand for education at GSU is:

With flexible exchange rates, an increase in U.S. interest rates can be expected to:

If the price elasticity of demand for a product is unity, a decrease in price will:

The budget line shows:

Refer to the above graph. An increase in the supply of yen will result in:

A perfectly inelastic demand schedule:

The price of old baseball cards rises rapidly with increases in demand because:

The demand for autos is likely to be:

As it relates to international trade, dumping:

If the demand for farm products is price inelastic, a good harvest will cause farm revenues to: