If Health Spas charges an annual membership fee of $1,000 for the use of their facilities and charges a $20 fee each time a member uses their facilities, the $1,000 charge is a(n) ________ fee and the $20 charge is a(n) ________ fee.
A) user; user B) fixed; fixed C) user; fixed D) fixed; user
D) fixed; user
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Suppose Stan transfers $1,000 from his checking account into a savings account. What are the effects on M1 and M2 money supply?
A) M1 increases; M2 decreases. B) M1 decreases; M2 remains the same. C) Both M1 and M2 increase. D) Both M1 and M2 decrease. E) Both M1 and M2 remain the same.
In a union shop, prospective employees must be union members before they can be hired
Indicate whether the statement is true or false
If the CPI was 170 in 1998 and was 187 in 1999, what was the inflation rate in 1999?
The assumption that "other things are constant" is also known as the
A) ceteris paribus assumption. B) rational self-interest assumption. C) distinguishing characteristic of economics as a science. D) relationships assumption.