An example of an opportunity cost is the time you forgo to eat a "free lunch."
a. True
b. False
Indicate whether the statement is true or false
True
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The short-run Phillips curve shifts when there is a change in
a. technology b. money demand. c. the expected price level. d. the labor force. e. all of the above.
One important factor that affects economic growth is
A) gold reserves. B) the rate of saving. C) which political party is in power. D) the number of workers in heavy industry.
Qwerty
A) is the government agency charged with regulating the internet. B) is an example of a network. C) a cable system prior to VHS. D) none of these choices.
Refer to the information provided in Figure 6.15 below to answer the question that follows.
Figure 6.15Refer to Figure 6.15. If the price of a hot dog is $4, Jason's income is
A. $50. B. $400. C. $600. D. indeterminate because the price of sandwiches is not given.