Refer to Table 9-15. Looking at the table above, real average hourly earnings in 2014 were
A) $9.
B) $9.52.
C) $10.
D) $12.63.
C
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Huey and Steve can grow potatoes or tomatoes. The table above shows the pounds of potatoes and tomatoes Huey and Steve can grow in a week. Based on the table, Steve has a comparative advantage in
A) both potatoes and tomatoes. B) neither potatoes nor tomatoes. C) potatoes. D) tomatoes. E) More information is needed about Huey's comparative advantage in order to determine Steve's comparative advantage.
What is the income approach to measuring GDP?
What will be an ideal response?
Game theory shows that
A) sometimes pursuing profit maximization will not yield the highest joint profit. B) interdependencies between firms have to be taken into account when few firms dominate the market. C) in an oligopolistic market, firms are likely to collude. D) All of the above.
Over-the-Rhine Cheese Corporation had a P/E ratio of 20, retained earnings of $0.80 per share and a dividend of $1.70 . What was its dividend yield?
a. 1.25%. b. 5.0%. c. 3.4%. d. 10.6%.