Leading economic indicators are economic indicators that __________ changes in economic activity
A) change after
B) change at the same time as
C) change before
D) None of the above.
C
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The above table shows some cost data for Tracey's Tents. What is the average fixed cost when 4 tents are produced?
A) $50.00 B) $12.50 C) $25.00 D) $37.50
Which of the following policies are likely to increase national savings?
a. running larger government budget deficits. b. decreasing taxes on stock dividends. c. reducing taxes on consumption. d. having to pay higher interest rates on the national debt. e. none of the above.
According to the statistics, the distribution of money income:
a. fluctuated widely since 1947. b. changed significantly in favor of the bottom 5 percent. c. has not changed greatly since 1947. d. has not changed greatly since 1929.
Babe Ruth's 1931 salary was $80,000 . Government statistics show a consumer price index of 15.2 for 1931 and 237 for 2015 . Ruth's 1931 salary was equivalent to a 2015 salary of about
a. $5,296. b. $1,128,421 c. $1,247,368 d. $17,152,000