Which of the following students would be most likely to drop out of college before completing their degree? Select one:
a. a senior physics major with a solid B average
b. a junior secondary education major who has just read about the substantial improvement in the job opportunities available for teachers with a college degree.
c. an outstandingbaseball player in his junior year that just received a $500,000 offer from a professional team
d. a junior economics major who wants to attend law school
c. an outstandingbaseball player in his junior year that just received a $500,000 offer from a professional team
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The percentage of American families with incomes below the poverty line was ________ in 1960 and ________ in 2010
A) 10.1%; 10.7% B) 8.7%; 13.9% C) 18.1%; 11.8% D) 26.8%; 48.3%
Which of the following is evidence of a shortage of chocolate?
A) The price of chocolate is raised in order to increase sales. B) Firms lower the price of chocolate. C) The equilibrium price of chocolate falls due to a decrease in demand. D) The quantity of chocolate demanded is greater than the quantity supplied.
Does the decision to make a blockbuster movie mean that some other more desirable activities get fewer resources than they deserve? Is your answer positive or normative? Explain your answer
What will be an ideal response?
Abercrombie & Fitch wants to raise $8 million to finance the construction of a new store, and the company wishes to raise the funds through direct finance. Which of the following methods could it use?
A) It could sell $8 million in bonds. B) It could borrow $8 million from a bank. C) It could issue $8 million in stocks. D) It could choose either A or C.