Leontyne Price was earning $1,000 a week in 1940 and $3,000 a week in 1950. If the CPI rose from 100 in 1940 to 300 in 1950, then between 1940 and 1950 Ms. Price's real wages
A. rose substantially.
B. rose slightly.
C. stayed the same.
D. fell slightly.
E. fell substantially.
C. stayed the same.
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Refer to the diagram. The multiplier in this economy is:
A. 0E/0A.
B. BD/FG.
C. FG/BD.
D. BD/AD.
For monopoly
A) the four-firm concentration ratio is 100. B) the Herfindahl-Hirschman Index is 10,000. C) there is only one firm in the industry. D) All of the above answers are correct.
In the 1980s, expansionary fiscal policy is believed to have crowded out
A) domestic investment as interest rates rose. B) exports and imports as interest rates rose. C) exports but not domestic investment as interest rates rose. D) domestic investment as interest rates fell.
Angelo's Calzones is opening a new location in Colorado. To attract new customers, the managers of Angelo's advertise the following slogan, "Angelo's Calzones: The BEST Calzone You Will Ever Eat!" If Angelo's calzones are really of poor quality, this is an example of ________ a(n) ________ good.
A) falsely advertising; credence B) greenwashing; credence C) greenwashing; experience D) falsely advertising; experience