Fred and Barney fill egg cartons with eggs. Fred just started the job and can fill only 25 cartons an hour. Barney has significant on-the-job experience and can fill 50 cartons an hour. Both Fred and Barney work 50 hours a week. Fred's average weekly productivity is ________ cartons; Barney's average weekly productivity is ________ cartons; and as a team their average weekly productivity is ________ cartons.
A. 25; 50; 37.5
B. 25; 50; 75
C. 1,000; 2,000; 1,500
D. 1,250; 2,500; 1,875
Answer: D
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The Fed makes an initial cash injection of $10,000 by buying a $10,000 Treasury Bond from Janis. Janis deposits the $10,000 in her checking account at Friendly Bank. Friendly Bank holds $1,000 in reserve and lends out $9,000 to Bruno, who deposits this $9,000 in his checking account at Last National Bank. What is the total money supply so far in this question?
a. $19,000 b. $10,000 c. $9,000 d. $1,000
A factor that might have contributed to the weakening of the U.S. economy in 2007-2009 was
A. rapid growth of the money stock. B. rising levels of federal government spending. C. uncertainty concerning the outcome of the 2008 presidential election. D. historically-low interest rates.
Imports are products produced in the home country and sold in another country
Indicate whether the statement is true or false
In the last few decades, income inequality in the United States has ________ mostly because of the ________
A. increased; gains by the rich. B. increased; poor getting poorer. C. decreased; stagnation by the economy in general. D. decreased; gains by the poor.