Suppose you have a money income of $10, all of which you spend on Coke and popcorn. In the diagram, the prices of Coke and popcorn, respectively, are
What will be an ideal response?
$.50 and $1.00.
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Which of the following is TRUE about a college education as a signaling device?
A) It is a useful signal only if individuals choose majors related to their ultimate field of employment. B) It is a useful signal only if a college education is open to all individuals, no matter what their previous level of educational accomplishment was. C) It is a useful signal whether or not people actually learn anything in college. D) It is a useful signal only if the job in question cannot be done without the preparatory coursework the college degree required. E) It is less and less a useful signal in the post-industrial economy, where the skill sets employers need change so rapidly.
At higher interest rates, the:
A. money supply is higher. B. money supply is indeterminate. C. quantity of money demanded is higher. D. quantity of money demanded is lower.
Explain why the European exchange rate mechanism (ERM) ran into problems in the 1990s
What will be an ideal response?
Lately, the Chinese authorities seem to be backing away from ____ and the Yuan has ____ relative to the dollar.
A. managed-float; devalued B. currency peg; depreciated C. floating rate; revalued D. currency peg; appreciated