A typical American family sends about _____% of its budget on services

a. 20%
b. 32%
c. 66%
d. 70%


c

Economics

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The condition that states that the domestic interest rate equals the foreign interest rate minus the expected appreciation of the domestic currency is called

A) the purchasing power parity condition. B) the interest parity condition. C) money neutrality. D) the theory of foreign capital mobility.

Economics

What are the factors that have been identified that affect a migration decision? Give examples of each

What will be an ideal response?

Economics

Suppose a perfectly competitive firm can produce 20,000 bushels of corn a year at an output at which marginal cost equals marginal revenue. The market price of corn per bushel is $2.00. The firm's total costs per year are $50,000 and fixed costs per year are $25,000. In the short run, this firm should

A. shut down. B. produce 40,000 bushels to try to increase economic profit. C. produce 20,000 bushels of corn because, although they are losing money, they are losing less than if they shut down. D. continue producing until the price of corn increases.

Economics

Neither part of Medicare covers

A. hospice care. B. prescription drugs and hospice care. C. prescription drugs. D. doctors' visits.

Economics