For the fall semester, you had to pay a nonrefundable fee of $600 for your meal plan, which gives you up to 150 meals. If you eat 100 meals, your average cost for a meal is:
A. $6.
B. $4.
C. $0.25.
D. $5.
Answer: A
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Indicate whether the statement is true or false
Which of the following are goals of monetary policy?
A) maximizing the value of the dollar relative to other currencies, economic growth, and high employment B) price stability, economic growth, and high employment C) price stability, economic growth, and maximizing the value of the dollar relative to other currencies D) price stability, maximizing the value of the dollar relative to other currencies, and high employment
According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to
A) rise in the future. B) remain unchanged in the future. C) decline moderately in the future. D) decline sharply in the future.
The Consumer Product Safety Commission (CPSC) was established in:
a. 1887. b. 1931. c. 1934. d. 1972.