The top 20 PACs, Political Action Committees, spent how much in 2010?
a. 100 million
b. $200 million
c. $300 million
d. $400 million
d
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Based on the figure above, the price of a can is $8; if the price increased to $12, then the firm would
A) produce zero cans. B) decrease the amount of cans produces it but not to zero. C) not change the amount of cans it produces. D) increase the amount of cans it produces. E) More information is needed to determine what action the firm will take.
Which term refers to the specific level of income needed for a basic standard of living?
a. Safety net b. Gross income c. Poverty rate d. Poverty line
Slope is measured as run/rise
a. True b. False Indicate whether the statement is true or false
In general, the quantity of savings supplied to be used for lending increases with the rate of interest
a. True b. False Indicate whether the statement is true or false