Refer to the accompanying table. Corey's opportunity cost of delivering of a pizza is making: Pizzas Made Per HourPizzas Delivered Per HourCorey126Pat1015
A. 6 pizzas.
B. 2 pizzas.
C. 1/2 of a pizza.
D. 12 pizzas.
Answer: B
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If the reserve requirement decreases from 20% to 25% and the currency to deposit ratio increases from 10% to 15% then
a. the money multiplier and the money supply rises. b. the money multiplier and the money supply stays the same. c. the money multiplier and the money supply falls. d. the money multiplier rose and the money supply falls.
The total fixed cost of operating a lumberyard equals $12,000 this year. The average fixed cost of the lumberyard will not be affected by the quantity of lumber that is sold
a. True b. False Indicate whether the statement is true or false
Rich countries (measured by GDP per capita) tend to have __________ infant mortality rates, __________ life expectancies at birth, and __________ adult literacy rates than poor countries
a. higher; higher; higher b. lower; higher; higher c. lower; lower; higher d. lower; lower; lower e. lower; higher; lower
A recent estimate of the fiscal burden on state and local government for low-skilled immigrant households is nearly:
A. $10 billion annually B. $30 billion annually C. $50 billion annually D. $100 billion annually