Compared to college tuition, the prices of automobiles in the United States have
a. fallen.
b. risen.
c. stayed the same.
d. risen at the same rate as the CPI.
a
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The average fiscal burden on state and local government for each low-skilled immigrant household may be as high as:
A. $5,500 per household per year B. $9,200 per household per year C. $19,500 per household per year D. $31,600 per household per year
Suppose that Tracy and Pat start a business. Because of a series of bad decisions by Tracy, the company goes bankrupt, owing a total of $50,000. Tracy is penniless and Pat is a millionaire
If the company were organized as a partnership, Pat would be responsible for A) over $1 million of debt. B) $50,000 of debt. C) $25,000 of debt. D) $0 of debt.
International trade that is not encumbered by government restrictions is called
a. free trade b. protectionist c. terms of trade d. comparative advantage trade e. absolute advantage trade
Last year, Danielle bought a bond for $10,000 that promises to pay $1,150 a year. This year, a person who buys a bond for $10,000 receives $1,210 a year. If Danielle were to sell her (old) bond, its price would be approximately
A) $9,504. B) $10,522. C) $11,211. D) $9,115.