The figure above shows Tanya's consumption possibilities when the price of a restaurant meal is $20. If the price of a restaurant meal falls to $10 and Tanya buys 12 movie tickets, how many restaurant meals can she buy?
A) 2
B) 3
C) 4
D) 5
C
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The price of apples increases from $1 to $1.10. At the same time, the quantity of apples demanded decreases from 100 to 90. The price elasticity of demand for apples (calculated using the initial value formula) is __________ .
A. 0.02 B. 0.9 C. 1 D. 1.1
if you take investment by US residents in other countries and you subtract investment by foreign resident in the US, you will find
What will be an ideal response?
If there is evidence of serial correlation, then FGLS is preferred over OLS because the FGLS estimator is unbiased.
Answer the following statement true (T) or false (F)
Which approach to calculating GDP best highlights the relative importance of different factors of production?
A. The income approach B. The expenditure approach C. The value-added approach D. Any of these measurements would work equally well for that comparison.