he demand function Group of answer choices describes how much of good X will be purchased at the alternative price of good X, given all the other variables being constant. recognizes that the quantity of a good consumed depends on its price and demand shifters. shows the relationship between the quantity demanded of X and variables other than its price. does not include expectations.

Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.

Because the demand for wheat tends to be inelastic. true or false