Alexandra has determined that studying an hour for her economics quiz will improve her grade on the quiz from a 75 to a 100. She also determines that this improvement is worth $20. To study for an hour for her economics quiz, however, she will have to work one fewer hour at her part-time job. Alexandra should:
A. study for the quiz as long as her hourly wage rate is more than $20.
B. study for the quiz only if her hourly wage rate is exactly $20.
C. not study for the quiz because earning a higher grade cannot have a dollar value.
D. study for the quiz as long as her hourly wage rate is less than $20.
Answer: D
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A. 16 B. 12 C. 0 D. 14
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A) Q1 B) Q2 C) Q3 D) Q4
Which of the following is generally considered a desirable outcome of fiscal policy?
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