What is meant by the expected rate of return?
What will be an ideal response?
The expected rate of return is the annual rate of return that a firm expects to obtain through a capital investment.
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An example of a public good is:
A. national defense. B. libraries. C. timber. D. natural gas.
If aggregate demand changes while aggregate supply is stable, output and the unemployment rate are
A. not related neither in the long run nor in the short run. B. negatively related. C. not related in the short run. D. positively related.
Refer to the information given in Table 16.7 below to answer the question that follows.
Table 16.7
Refer to Table 16.7. A point on the market demand curve for this public good would be: at a price of ________ quantity demanded would be ________.
A. $15; 5 B. $25; 3 C. $50; 1 D. $55; 1
Average per capita water consumption in the United States was approximately how many gallons per day in 2010?
A. 355 B. 764 C. 1,941 D. 1,134