Suppose every good costs $8 per unit and Molly holds $120 . What is the real value of the money she holds?

a. $120 . If the price of goods rises, to maintain the real value of her money holdings she needs to hold more dollars.
b. $120 . If the price of goods rises, to maintain the real value of her money holdings she needs to hold fewer dollars.
c. 15 units of goods. If the price of goods rises, to maintain the real value of her money holdings she needs to hold more dollars.
d. 15 units of goods. If the price of goods rises, to maintain the real value of her money holdings she needs to hold fewer dollars.


c

Economics

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The use of trade barriers to enforce standards abroad raises all of the following concerns EXCEPT

A) the potential deadweight losses in consumption and production at home. B) the lack of agreement over specific content of standards. C) the potential for the use of trade barriers to erupt into a bigger trade war. D) the difficulty of knowing whether some of the concerns are over standards or veiled protectionism. E) only small countries may be able to use trade barriers effectively.

Economics

If investment per-worker equals some value X, and depreciation per-worker equals some value Z, then the change in the capital stock per-worker is equal to ________

A) X+Z B) X-Z C) X times Z D) X divided by Z

Economics

Refer to the following computer output from estimating the parameters of the nonlinear modelY = aRbScTdThe computer output from the regression analysis is:  Based on the info above, if R = 1, S = 2, and T = 3, what value do you expect Y will have?

A. -4,559 B. 1,345 C. 3,289 D. 143 E. 6,578

Economics

Refer to the information provided in Figure 12.1 below to answer the question(s) that follow.  Figure 12.1 Refer to Figure 12.1. This firm is currently at Point B on the ATC curve. If this firm moves toward Point A, this will make the

A. distribution of outcome more equitable. B. economy more efficient. C. economy less stable. D. economy more stable.

Economics