A family on a trip budgets $800 for restaurant meals and fast food. The family can buy 16 restaurant meals if they don't buy any fast food. What is the price of a fast-food meal for the family?
a. $5
b. $16
c. $20
d. $50
e. it is impossible to tell from the information given
E
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In Portney's analysis of the 1990 Clean Air Act Amendments (CAAA), his estimates suggest that
a. more resources should be allocated to air quality control b. the associated MSB exceed the MSC c. society would be better off with less regulation of air quality d. the TSC outweigh the TSB
Money that is backed by nothing but the faith and confidence that if you accept it in exchange for something, you will be able to exchange it for something else, is referred to as ________
Fill in the blank(s) with correct word
The key financial institutions in the United States include all of the following EXCEPT
A) the U.S. Treasury B) the Federal Reserve C) commercial banks, pension funds, and insurance companies D) government-sponsored mortgage lenders
Refer to Figure 13-2. Ceteris paribus, a decrease in the capital stock would be represented by a movement from
A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.