Workers in urban work units work for
a. start ups
b. state owned enterprises
c. the government
d. a, b and c are correct
e. none of the above
D
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Refer to the scenario above. John should submit a bid of ________
A) $400 B) $300 C) $100 D) $200
If a country sets a pegged exchange rate that is below the equilibrium exchange rate, how can the country maintain the peg?
A) by selling surplus domestic currency at the pegged rate B) by purchasing surplus domestic currency at the pegged rate C) by decreasing the pegged exchange rate D) by purchasing surplus domestic currency at the equilibrium exchange rate
With state and multistate lotteries, winners are typically given the choice between a lump sum payment today or a 20 year series of annuities. How should a winner decide which is better?
What will be an ideal response?
When the Consumer Price Index falls from 110 to 100
a. there is inflation of 9.1% and the value of money decreases. b. there is deflation of 9.1% and the value of money increases. c. there is deflation of 10% and the value of money increases. d. there is inflation of 10% and the value of money decreases.