Cost of doing what? Homeowners who make monthly mortgage payments are paying
What will be an ideal response?
the cost of retaining ownership of the house.
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Using the information in the above table, the unemployment rate is
A) 4.5 percent. B) 4.3 percent. C) 2.8 percent. D) 6.0 percent.
If a firm that had to pay an explicit rent of $5,000 a month bought its own building, at which point it could rent that building to another firm for $4,500 a month, it faces a lower opportunity cost of occupying the building when it owns it
a. True b. False Indicate whether the statement is true or false
Which of the following would NOT shift the consumption function?
What will be an ideal response?
Budget deficits are inflationary when
A. the Federal Reserve contracts the money supply. B. the economy has lots of slack and the aggregate supply curve is horizontal. C. the economy is at full employment and the aggregate supply curve is vertical. D. private citizens buy the bonds to finance the debt.