According to the information in Table 13.1, M2 is equal to
A) $840 billion. B) $1,062 billion. C) $1,692 billion. D) $1,862 billion.
D
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If the price of watermelons is 5 pesos in Argentina and the exchange rate is 4 pesos per dollar, then what is the dollar price of watermelons?
A) $0.75 B) $0.80 C) $1.25 D) $2.00
During which years did the country have a budget surplus?
A) 2008 and 2009 B) 2012 only C) 2011 only D) 2010 and 2012 E) all except 2011
Which of the following statements is true? a. Economic profits ignore implicit costs
b. Economic profits include implicit costs. c. Accounting profits include all of the opportunity costs. d. Economists consider sunk costs in their decision making.
The highest marginal tax rate for the federal income tax in the United States is
a. 10 percent b. 28.3 percent c. 35 percent d. 45.4 percent e. 50 percent