According to Maslow's Hierarchy of Needs, physiological is the most basic. What is the need that comes next?

Starting from long-run equilibrium, a large decrease in government purchases will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.

A. expansionary; lower; potential B. expansionary; higher; potential C. recessionary; lower; potential D. recessionary; lower; lower

Suppose that the annual dividend per share of stock is $5.40 and the closing price of the stock is $72.50, the yield of the stock would be

A) 13.43% B) 7.45% C) 23.62% D) 8.38%

As the price of beachfront cottages in Florida was raised from $400,000 to $500,000, their quantity supplied rose from 2,000 to 2,100. Rounding to the nearest tenth, the elasticity of supply of beachfront cottages is:

A. 4.6. B. 0.4. C. 1.0. D. 0.2.

The Consumer Price Index was 247 in year 1 and 272 in year 2. The rate of inflation in year 2 was approximately:

A. 8 percent. B. 6 percent. C. 12 percent. D. 10 percent.