Disequilibrium in the money market is mainly corrected via a change in:
A. Bond prices
B. The price level
C. Saving levels
D. The money supply
A. Bond prices
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Lizzie's budget line is shown in the figure above. If the price of a magazine falls, the budget line
A) shifts rightward and its slope does not change. B) shifts leftward and its slope does not change. C) becomes flatter. D) becomes steeper.
Barbara owns a small shop where dresses are made. At the end of a given month, she has 250 dresses. Her expenses for the month are $1,000 for rent, $6,000 for wages, $1,500 for fabric and thread, and $500 for electricity. Her total variable cost for the month is
a. $6000 b. $4,000 c. $32 per dress d. $7,500 e. $8,000
a compensation method that does not work through rewards
What will be an ideal response?
Consider Noah's decision to go to college. If he goes to college, he will spend $80,000 on tuition, $15,000 on room and board, and $4,000 on books. If he does not go to college, he will earn $22,000 working in a store and he will spend $13,000 on room and board. Noah's cost of going to college is
a. $99,000. b. $103,000. c. $108,000. d. $121,000.