In the year 2005, the rate of personal savings in the United States was below _____ percent.
A. 15
B. 10
C. 5
D. 1
D. 1
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The Roomba 570 is a robotic vacuum cleaner made and sold by iRobot. It can vacuum 4 rooms on a single battery charge and it costs $2 of electricity to charge the Roomba
Lynn is a house cleaner and can vacuum 4 rooms in 1 hour with a traditional vacuum. Suppose you want the 4 rooms in your house vacuumed once a week for one year. Ignoring the cost of any electricity Lynn uses, what is the maximum Lynn could charge per hour for you to choose her over the Roomba? A) $10.23 per hour B) $20.45 per hour C) $8.27 per hour D) $16.54 per hour
Explain why a computer might depreciate rapidly just in one year even if it is in just as good of a condition as the day it was purchased?
What will be an ideal response?
Behavioral economists accept that people ___________ their well-being but sometimes ________________.
A. try to maximize; make mistakes B. try to minimize; maximize it C. try to maximize; maximize their bad choices D. try to maximize; purposefully engage in less than optimal behavior.
The steepness of a curve is partially determined by the units of measurement
a. True b. False Indicate whether the statement is true or false