In 1999, what percentage of K-12 students attended private schools?

a. Around 6 percent
b. Around 9 percent
c. Around 11 percent
d. Around 14 percent


c

Economics

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Over the range of output for which the marginal product of labor curve is negatively sloped, the marginal cost curve is negatively sloped

Indicate whether the statement is true or false

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Personal consumption spending is the most sensitive component of aggregate demand to monetary policy

a. True b. False Indicate whether the statement is true or false

Economics

Suppose Chris is offered the following gamble:  with probability 0.1 he will win $90, with probability 0.4 he will win $50, and with probability 0.5 he will lose $60. The expected value of this gamble is ________. 

A. $1 B. $2 C. -$1 D. $0

Economics

Which of the following would be classified as precautionary demand for money?

A. You keep a $1,000 in a money market account because the return is better than a savings account at your bank B. You put $1,000 in a savings account at your bank for emergencies C. You put $1,000 in your checking account each month to cover your regular expenses D. You apply for and receive a credit card with a $1,000 limit

Economics