The presence of positive externalities _____ justify the current structure of government programs for higher education.
A. should
B. does
C. should not
D. does not
D. does not
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Refer to the scenario above. If the investor plans to invest a sum of $4,000, the net present value of Option B is:
A) -$1,536.34. B) -$2,322.12. C) $157.46. D) $1,800.79.
If a good has an absolute price elasticity of 2, the demand for the good is
A) unit elastic. B) inelastic. C) perfectly elastic. D) elastic.
The three goals of monetary policy are (1) _______; (2) _______; and (3) ________.
Fill in the blank(s) with the appropriate word(s).
After World War II, which of the following about the value of homes is not true?
A. It remained relatively unaffected by inflation. B. They were unaffected by recessions until the 2000s. C. On average they did not fall for 60 years. D. They seemed immune to the business cycle.