In 1970 the CPI was 39, and in 2000 it was 172. A local phone call cost $0.10 in 1970. What is the price of this phone call in 2000 dollars?
A) $1.42
B) $0.39
C) $1.72
D) $0.44
E) $0.23
D
Economics
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Refer to Table 4-4. If a minimum wage of $10.50 an hour is mandated, what is the quantity of labor demanded?
A) 400,000 B) 370,000 C) 340,000 D) 60,000
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Critically evaluate the following statement. "The presence of risk and uncertainty poses a problem for the workings of the market."
What will be an ideal response?
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Which of the following nations DOES use the euro and participates in the Treaty on European Union?
A) Sweden B) Denmark C) Portugal D) The United Kingdom E) Norway
Economics
_________ is a term referring to local area nesting, finding places outside home and work to spend time
a. Sustainability b. Hatching c. Re-starting d. Retreat
Economics