It usually takes less time to buy a six-pack of 7-Up, a loaf of bread, and a half-gallon of ice cream at a small convenience store (such as a 7-Eleven) than at a large, full-service grocery store. Which of the following persons is most likely to buy these items at a convenience store?
A) a person with a high opportunity cost of time
B) a person with a low opportunity cost of time
C) a person who is out of work
D) a person who works at a full-service grocery store
A
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
A policy where the Federal Reserve focuses only on inflation is called monetarizing inflation
Indicate whether the statement is true or false
A shortage of hospital beds will likely lead to
a. an increase in the supply of hospital beds. b. a decrease in the demand for hospital beds. c. an increase in the price of a hospital stay. d. a decrease in the price of a hospital stay. e. none of the above.
The federal income tax in the United States fits the description of which of the following tax structures?
A. Proportional B. It depends on the income of the individual being taxed. C. Regressive D. Progressive