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CFA MEMORIZATION > ECON CHEAT SHEET > Flashcards

ECON CHEAT SHEET Flashcards

1
Q

When Income Elasticity is positive the good is a(n) ________ good. When it is negative, the good is a(n) _________.

A

normal; inferioir

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2
Q

When cross price elasticity is positive, the related good is a _________. When it is negative, the related good is a _________.

A

subtitute; complement

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3
Q
A
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CFA MEMORIZATION (11 decks)

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