The opportunity cost to a cab driver of taking the day off increases when
A) it rains.
B) more cabs enter the business.
C) the price of gasoline rises.
D) the weather is so pleasant everyone prefers to walk.
E) many other cabs are out on the streets.
A
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The ________ always equals zero
A) sum of capital and financial account plus official settlements account B) sum of current account plus capital and financial account C) sum of current account plus official settlements account D) sum of current account plus capital and financial account plus official settlements account E) official settlements account
How do we calculate the effects of real GDP on consumption expenditure and imports by using the marginal propensity to consume and the marginal propensity to import?
What will be an ideal response?
Monetary policy in the United States is primarily the responsibility of ________
A) the President and Congress B) the Federal Reserve System C) the U.S. Treasury D) the Comptroller of the Currency
In politics a special interest group is describes as which of the following?
a. large relative to size of nation and only interested in the needs of big business b. small relative to size of nation and only interested in the environment c. small relative to size of nation, well-organized and focused on a specific interest d. large relative to size of nation, disorganized and focused on a specific interest