In 2000, about what percentage of federal expenditures were off budget?
a. 1.1
b. 14.1
c. 19.3
d. 22.2
d
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Based on the production data for Pat's Pizza Parlor in the above table, the average product of labor when 4 workers are hired is ________ pizzas
A) 8 B) 10 C) 11.25 D) 45
The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. At Kaffenia's efficient quantity of doughnuts
A) total consumer surplus is zero. B) total producer surplus is zero. C) consumer surplus exceeds producer surplus by the greatest possible amount. D) the sum of consumer surplus and producer surplus is maximized.
In the figure above, with no government involvement and if the colleges are competitive, what is the tuition?
A) $10,000 per year B) $14,000 per year C) $8,000 per year D) $16,000 per year
Core inflation
a. excludes expensive purchases, such as housing and cars. b. is the main inflation rate. c. excludes volatile prices, such as food and energy. d. only includes volatile prices, such as food and energy.