If you want to earn a high income you should figure out what others value because
A) you will be able to gain at the expense of others.
B) others will be willing to pay attractive prices for things they value.
C) you will not have to compete in the job market.
D) you will then be able to charge higher prices than alternative suppliers.
B) others will be willing to pay attractive prices for things they value.
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In 1979, the price of gasoline was $1.389 per gallon and the CPI was 72.6. In 2003, the price of gasoline was $1.589 per gallon and the CPI was 182.9. Find the real price of gasoline in 1979 and 2003 in terms of base period dollars
What will be an ideal response?
Government savings, , is equal to
A) T - G. B) T + G. C) T = G. D) T + G - I. E) T - G = I.
Almost all recessions identified by the NBER are characterized by:
A. durations exceeding two years. B. declining real GDP. C. higher rates of inflation. D. higher interest rates.
Resources are
A) unlimited. B) able to be replicated in large quantities. C) what people would buy if their income was unlimited. D) used to produce goods and services to satisfy people's wants.