Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for $3,000 for her business. At the end of the year the computer is worth $2,000
Wanda pays an implicit rental rate of ________ a year. A) $1,150
B) $4,000
C) $3,150
D) zero
A
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In a market economy, the decision regarding allocation of resources is made by
A. the operation of the forces of supply and demand. B. policy authorities in Washington, D.C. C. budget planners in state capitals. D. committees from a variety of economic interest groups. E. All of the responses are correct.
Refer to Figure 11-4. Which of the following combinations of points illustrates changes in the Soviet Union's economy from 1950 to 1980?
A) A to B to C B) B to D C) B to E D) E to B
Which of the following would macroeconomics study?
a. a general rise in prices b. a decline in coffee prices c. the success rate of sandwich shops d. the work habits of students
An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency hires operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). 
Based on the above information, what is the most the agency would be willing to pay the first operator?
A. $480 B. $300 C. $120 D. $240 E. none of the above