With a 10 percent interest rate on dollar deposits, and an expected appreciation of 7 percent over the coming year, the expected return on dollar deposits in terms of the dollar is

A) 3 percent.
B) 10 percent.
C) 13.5 percent.
D) 17 percent.


B

Economics

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Your sister always brags about how savvy of a grocery shopper she is. She believes that she saves lots of money by paying with coupons and making her grocery purchases at multiple stores to get the lowest prices on all goods. She may overestimate her savings because:

A. she does not count the value of the time it took to sort and clip coupons as a cost. B. she does not count the cost of the gas used driving extra miles to multiple grocery stores. C. she does not count the value of the extra time it takes to stand in multiple lines at multiple stores and use multiple coupons compared to a trip to one store with no coupons. D. All of these.

Economics

Keynesian economists worked at perfecting techniques of economic stabilization in order to fine-tune the economy

Indicate whether the statement is true or false

Economics

An example of economic dualism is a(n)

a. efficient modern farm sector alongside peasant agriculture b. modern urban sector and a traditional, peasant-based rural sector c. efficient export sector and an inefficient, protected import-competing sector d. efficient private sector and an inefficient public sector e. large, market-based sector and a smaller, home-based production sector

Economics

Figure 3-23


Refer to . The movement from point A to point B on the graph would be caused by
a.
an increase in price.
b.
a decrease in price.
c.
a decrease in the price of a substitute good.
d.
an increase in income.

Economics