Which of the following groups analyzes federal budgets proposals?
a. The Council of Economic Advisors.
b. The Office of Management and Budget.
c. The Congressional Budget Office.
d. The House and Senate Budget Committees.
c
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Answer the following statement(s) true (T) or false (F)
1. An indifference curve is a construct used by economists to show how tastes for an individual change. 2. There are an infinite number of choices faced by a consumer that are shown along an indifference curve. 3. Indifference curves fill the fourth quadrant of the plane. 4. If the marginal value of beef is $8 per pound, then the consumer is willing to pay at most $8 for an additional pound of beef. 5. The marginal value of a good is the dollar value that the consumer receives, on average, from each unit of the good purchased.
In 2009, global investors began to regain confidence in the financial system and reversed the flight to safety that had taken place during the depths of the financial crisis
Make use of a graph of the market for corporate bonds to show the impact on corporate bonds prices and yields.
Ralph is a plumber. Which of the following are included in his human capital?
a. the knowledge he learned on the job, and the tools he uses b. the knowledge he learned on the job, but not the tools he uses c. the tools he uses, but not the knowledge he learned on the job d. neither the knowledge he learned on the job nor the tools he uses
Refer to the table above.below. At a price of $3, the total revenues of sellers will be:
Answer the question based on the following table which shows a demand schedule.
A. $18
B. $12
C. $45
D. $5