The figure above shows Sam's budget line. Which of the following combinations of gasoline and coffee are available to Sam?

A) 40 gallons of gasoline and 1 pound of coffee
B) 1 gallon of gasoline and 20 pounds of coffee
C) 16 gallons of gasoline and 12 pounds of coffee
D) 12 gallons of gasoline and 16 pounds of coffee


C

Economics

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Use the following graph for a monopolistically competitive firm to answer the next question. Excess capacity for this firm would be illustrated by the quantity

A. E - D. B. D - 0. C. D - C. D. E - C.

Economics

In the history of the U.S. economy, which economic era saw both high unemployment and high inflation at the same time?

a. After the Great Depression to the early 1970s b. Since the early 1980s c. The colonial period d. Before and during the Great Depression e. From the early 1970s to the early 1980s

Economics

If Mexico has foreign assets worth $100 billion and no liabilities, a 15% depreciation of the peso will result in a(n):

A) increase in liabilities at home by 100 billion pesos. B) decrease in assets at home by 150 billion pesos. C) decrease in overall wealth by 15%. D) increase in overall wealth.

Economics

To change the rate of growth of the money supply, the Fed can do all but which one of the following?

A) Shift the demand for money curve by changing the interest rate. B) Engage in open market operations. C) Change the discount rate. D) Change the required reserve ratio.

Economics