The Cub Scouts have so far sold 100 tickets for their upcoming raffle, but they sell a constant additional 12 tickets every day. After three more days of selling tickets, the stock of tickets sold will be ________, and the flow of tickets sold will be ________.
A. 136; 12
B. 136; 36
C. 36; 12
D. 100; 36
Answer: B
You might also like to view...
The opportunity cost of any decision is the forgone value of the next best alternative that is not chosen.
Answer the following statement true (T) or false (F)
An expansionary monetary policy is most likely to:
A. decreases interest rates, reduces investment, and decreases income. B. decreases interest rates, raises investment, and increases income. C. increases interest rates, raises investment, and increases income. D. increases interest rates, reduces investment, and decreases income.
In the 1980s, a new category called ________ was added to M1.
A. traveler's checks B. demand deposits C. other checkable deposits D. money market mutual fund deposits
Refer to the information provided in Figure 6.1 below to answer the question(s) that follow.
Figure 6.1Refer to Figure 6.1. Assume Tom is on budget constraint AC and the price of a hamburger is $5.00. Tom's monthly income is
A. $4. B. $60. C. $80. D. $100.