Refer to the scenario above. What is the total cost involved if Maria chooses to travel by train?
A) $60
B) $400
C) $420
D) $460
D
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Counting part-time workers who are looking for full-time work as employed overstates the degree of joblessness in the economy
Indicate whether the statement is true or false
As new firms enter a monopolistic competitive industry, it can be expected that:
a. market price will increase. b. the output of existing firms will increase. c. profits of existing firms will increase. d. market demand should decrease. e. profits of existing firms will decrease.
Prior to 1877 business could not be regulated by the states because of:
a. lack of public support b. the fifth amendment c. the 10th amendment d. the due process clause e. all of the above
The best example of monetary policy is which of the following?
A. the Fed lowering interest rates B. the federal government cutting taxes C. the government increasing purchases