Refer to the scenario above. Tom will receive ________ if he raises his right hand and Sam raises his left hand
A) 3 candy bars
B) 0 candy bars
C) 2 candy bars
D) 1 candy bar
B
Economics
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The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
Economics
Refer to Figure 1A.1. The slope of the line between the points where income equals 50 and income equals 200 is
A) 0.2. B) 5. C) 10. D) 50.
Economics
If the number of workers in a country is 12,000 and its income per worker is $380, its gross domestic product is ________
A) $524,000 B) $618,000 C) $4,560,000 D) $1,240,000
Economics
If the total variable cost curve for a firm is S-shaped, what is the shape of the total cost curve for that firm?
a. U-shaped b. flat c. hill-shaped d. S-shaped e. there is not enough information
Economics