In the table shown above, the total cost of the market basket in 2010 was
A) $6.00.
B) $8.50.
C) $60.00.
D) $85.00.
C
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. An example of a nonrenewable resource would be:
A. trees. B. rivers. C. an oil deposit. D. All of these are examples of nonrenewable resources.
A limit on the quantity of a good that may be imported in a given time period is
A. An import allocation. B. A comparative advantage. C. An import quota. D. A tariff.
There is some agreement between the beliefs of President George W. Bush in 2001 on the effectiveness of tax cuts with the beliefs of former President
A. Keynes. B. Clinton. C. Reagan. D. Carter.
Logan finds $10 in his jacket pocket and deposits it into a bank. As a result of this single transaction, M1 has:
A. increased by $10. B. increased by more than $10. C. increased by less than $10. D. not changed.