Liberal critics of the Obama stimulus plan focused their concern on
A. their belief that the package was too small and therefore insufficient to the task.
B. the plan's requirement that plans be shovel ready.
C. their belief that the package was too large and created a threat of inflation.
D. the fact that there were too few tax cuts in the plan.
Answer: A
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Fast Food Terminals II Taco Casa is considering installing touch screen terminals for patrons to place their food orders. A terminal can typically accommodate the placement of 15 orders each hour while a human can process 20 orders each hour. If employee costs are $7.50/hour in wages and $4.50/hour in taxes, benefits and insurance, what is the per order opportunity cost of a touch screen?
Pollution is a relatively new phenomenon.
Answer the following statement true (T) or false (F)
According to Thorstein Veblen, a successful businessman would be most likely to demonstrate his worth to others by:
A. purchasing tasteful pieces of art and enjoying them only in private. B. avoiding vulgar displays of wealth such as mansions and expensive cars. C. buying expensive jewels for his trophy wife and showing her off at parties. D. anonymously giving financial support to worthwhile charitable organizations.
Higher interest rates lead to lower investment spending.
Answer the following statement true (T) or false (F)