The opportunity cost of a college education includes wages lost while enrolled in school.
Answer the following statement true (T) or false (F)
True
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Answer the next question on the basis of the following table in which columns (1) and (2) indicate the transactions demand (Dt) for money and columns (1) and (3) show the asset demand (Da) for money.(1)Interest Rate(2)Dt(3)Da12%$100$010100208100406100604100802100100If the money supply is $160, the equilibrium interest rate will be
A. 8%. B. 4%. C. 10%. D. 6%.
Refer to Table 10-2. If Keira maximizes her utility, how many units of each good should she buy?
A) 6 cups of soup and 2 sandwiches B) 1 cup of soup and 5 sandwiches C) 4 cups of soup and 3.5 sandwiches D) 3 cups of soup and 4 sandwiches
The value of steel sold to an automobile producer is ________ directly included in the GDP because ________
A) always; it was produced during the current period B) never; to do so is to double count the value of the steel C) sometimes; the automobile may not be sold in the current period D) sometimes; the steel is sometimes not resold in the current period
In which of the following countries did real GDP per person fall by about 13% from 2000 to 2014?
a. India b. Singapore c. Zimbabwe d. None of the above are correct.