If the opportunity cost of time is $20 per hour, and an individual spends 20 hours in commuting every month, his opportunity cost of commute is:
A) $20 per month. B) $400 per month. C) $200 per month. D) $1 per month.
B
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Indicate whether the statement is true or false
In the United States, health care spending on people over age 65 is ________ on people aged 18 to 24
A) six times greater than B) twice as much as C) forty times greater than D) one third as much as
If the central bank does not purchase foreign assets when output increases but instead holds the money stock constant, can it still keep the exchange rate fixed at ? Please explain
What will be an ideal response?
Which U.S. President was in office for most of World War II?
a. Herbert Hoover b. Abraham Lincoln c. Franklin D. Roosevelt d. Lyndon Johnson e. Dwight Eisenhower