This table shows individual demand schedules for a market. Price of GoodBarney's DemandBetty's Demand$0.002023$0.501818$1.001611$1.50148$2.00126$2.50105According to the table shown, at a price of $1.00, how much of the good will be demanded by Betty?
A. 11
B. 16
C. 30
D. 46
Answer: A
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In the view of the Classical economists, a increase in aggregate demand leads to
A) lower output levels. B) a higher price level. C) higher output levels. D) a lower price level.
Sharon works for a company that provides a 2% match if she puts 6% of her income into a 401(k) retirement account. What will this investment model mean for her future retirement income?
a. Because this investment is made in pretax dollars, Sharon’s current taxable income will be lower. b. Her taxable income will be higher now, but she will be eligible for 401(k) tax breaks when she retires. c. Because this investment is made in pretax dollars, her retirement account will earn more money for the future. d. Because of the company match, Sharon will need to roll her 401(k) over into an IRA before retirement to take advantage of any tax benefit.
________ --the use of federal budget to achieve macroeconomic objectives such as full employment, sustained economic growth, and the price level stability--is made by ________ on an annual timeline.
Fill in the blank(s) with the appropriate word(s).
Minimizing average total cost always leads to the maximization of total profit.
Answer the following statement true (T) or false (F)