Income is measured as
a. average cash holdings per time period.
b. change in cash holdings per time period.
c. some amount per time period.
d. some amount at a point in time.
c
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Barter?
Which of the following is TRUE?
A) Child labor is most common in urban areas. B) Child labor is most common in the textile industry. C) Child labor is most common in production aimed at export markets. D) If child labor were stopped, families would have greater economic success. E) Agriculture is the main industry using child labor.
Both a defendant and plaintiff believe there is a 30 percent chance that the plaintiff will win $150,000 and a 70 percent chance that the plaintiff will lose and be awarded nothing (zero). If the plaintiff's litigation cost is $30,000 and the defendant's litigation cost is $40,000, the defendant would be willing to pay any amount up to ________ to settle and the plaintiff would be willing to
accept any amount greater than ________ to settle. A) $80,000; $20,000 B) $20,000; $80,000 C) $85,000; $15,000 D) $15,000; $85,000
Refer to the given table.Price Per UnitColumn A Units Per YearColumn B Units Per Year$4011040$459550$508060$556570$605080 Suppose the columns in this table reflect demand and supply. If the current market price is $50, then you would expect:
A. supply to decrease. B. the market price to rise. C. the market price to fall. D. demand to decrease and supply to decrease.