Which of the following situations describing a resource allocation method most resembles the majority rule method?
A) Seventy percent of Austin's chess club wanted to purchase new chess sets and thirty percent did not. The club purchased the sets.
B) Lattes are sold at Starbucks.
C) Food from the Weld County Food Bank is distributed to families in need.
D) Jose works at Intel. His manager tells him what work needs to be completed each month.
E) Matt's mother had the rule that whoever cuts the cake chooses their slice last.
A
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Examples of assets that are included in household wealth would be
A) stocks, credit cards, and savings accounts. B) stocks, bonds, and savings accounts. C) stocks, bonds, and mortgages. D) stocks, loans owed, and savings accounts.
If a hurricane were to wipe out the majority of the eastern seaboard in the United States:
A. only the long-run aggregate supply curve would shift left. B. the long-run and short-run aggregate supply curves would both shift left. C. only the short-run aggregate supply curve would shift left. D. neither the short-run nor long-run aggregate supply curves would be affected.
Brady, a farmer, exchanges three bushels of apples for two pairs of shoes made by Jeff, a cobbler. We can say that Brady and Jeff are parts of a: a. barter economy
b. capitalistic economy. c. socialistic economy. d. mixed economy.
How would the impact on the exchange rate differ if the Fed were to sell U.S. Treasury securities instead of selling an equal amount (in $ terms) of euros?
What will be an ideal response?