If 1 U.S. dollar exchanges for 1.89 Australian dollars, how much would it cost in U.S. dollars and cents to purchase an Australian video priced at 40 Australian dollars?
What will be an ideal response?
40 รท 1.89 = $21.16
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The central bank for the United States is
A) the Congressional Bank. B) the Federal Reserve System. C) Chase Manhattan Bank. D) First National Bank of New York.
After adjusting for inflation, over time the prices of most natural resources have been
a. steady or falling, meaning that our ability to conserve them is growing more rapidly than their supplies are dwindling. b. steady or falling, meaning that their supplies are dwindling more rapidly than our ability to conserve them is growing. c. rising, meaning that our ability to conserve them is growing more rapidly than their supplies are dwindling. d. rising, meaning that their supplies are dwindling more rapidly than our ability to conserve them is growing.
"As Rob consumes more dates over the course of a day, it is likely that his marginal utility from date consumption will rise." Is the previous statement likely correct or incorrect?
What will be an ideal response?
According to the H-S definition of income, employer contributions are excluded from money income.
A. True B. False C. Uncertain