The U.S. Constitution
A. prohibits tariffs on trade between Arkansas and New York but allows tariffs on trade between Hawaii and Alaska.
B. prohibits tariffs on all trade.
C. allows tariffs on trade with other countries, but not on trade between the states.
D. allows tariffs only on goods purchased from the communist nations.
Answer: C
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A theory is a deliberate simplification or abstraction of factual relationships.
Answer the following statement true (T) or false (F)
Camila is a homemaker. Last week, she was busy with her normal household activities. How would the Bureau of Labor Statistics classify her?
a. A member of the civilian labor force who is employed. b. A member of the civilian labor force who is unemployed. c. A member of the civilian labor force who is underemployed. d. A discouraged worker who is not a member of the labor force. e. Not a member of the labor force.
Jim and Fred are the only two cashiers employed at a retail store. Each of them works the same 40 hours per week and each can check out 30 customers per hour by manually entering the price of each product purchased into the cash register. The store owner replaces the old cash registers with new ones that automatically scan product prices into the register. With the new cash registers, Jim and Fred can each check out 60 customers per hour. Their average labor productivity as a team before the new cash registers were introduced was ________ customers per hour and ________ customers per hour after the new machines were installed.
A. 30; 120 B. 30; 60 C. 1,200; 2,400 D. 60; 120
Suppose a one-year discount bond offers to pay $100 in one year and currently sells for $99. Given this information, we know that the interest rate on the bond is
A) 11.1%. B) 10%. C) 5.3%. D) 9.9%.