A person's ________ indicate her willingness to expose others to risk and that she is doing it for ________
A) actions; her own benefit
B) actions; society's benefit
C) finances; her own benefit
D) finances; society's benefit
A
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An increase in the world relative demand for U.S. output causes
A) a short-run real depreciation of the dollar against the euro. B) a long-run real appreciation of the dollar against the euro. C) a long-run real depreciation of the dollar against the euro. D) a short-run real appreciation of the euro against the dollar. E) a long-run real appreciation of the euro against the dollar.
The average variable cost of producing 4 posters is
a. $2.00. b. $2.50. c. $5.00. d. $3.33.
Average total cost equals
A) TC/Q. B) TVC/Q. C) TFC/Q. D) change in total cost/change in output.
If the average propensity to consume is 0.80, then the average propensity to save is
A. 1.20 B. 0.20. C. 0.80. D. 1.25.