The slope of the line shown in the above figure is

A) 2.
B) 0.75.
C) 0.25.
D) 1 1/3.


B

Economics

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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; potential C. higher; higher D. lower; higher

Economics

When airlines overbook a flight and passengers are paid to take a later flight, which category of passenger is most likely to give up their reservations?

A) Passengers not in a hurry B) Poor passengers C) Selfish passengers D) Unselfish passengers E) Wealthy passengers

Economics

Refer to the scenario above. What is the present value of $3,400 to be received after five years?

A) $2,300.78 B) $2,540.68 C) $3,200.22 D) $3,526.44

Economics

The table above shows sales of the firms in the pet food industry. The Herfindahl-Hirschman Index in the industry is

A) 1260. B) 1443. C) 1100. D) 1588.

Economics