Refer to the figure above. What is the equilibrium price of bottled water?
A) $4
B) $8
C) $12
D) $18
C
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As country incomes rises, what would you generally expect to happen to the burden of noncommunicable diseases as a share of the total disease burden?
A) It should go up B) It should stay about the same C) There is no consistent relationship between the two D) as country incomes rise E) It should go down
You put $75 in the bank one year ago and forgot about it. The bank sends you a notice that you now have $81 in your account. What interest rate did you earn?
a. 5 percent b. 6 percent c. 7 percent d. 8 percent
A temporary decrease in the price of oil would be considered a:
A. long-run supply shock. B. demand shock. C. short-run supply shock. D. The changing price of oil would not affect any of these.
Refer to the above table. If the consumer's equilibrium consists of 3 movies and 6 apple pies, then we know that
A. the price of a movie download is 6 times more than the price of an apple pie. B. the price of a movie download is 4.5 times more than the price of an apple pie. C. the price of an apple pie is 3 times more than the price of a movie download. D. the price of an apple pie is 2 times more than the price of a movie download.