We were on the gold exchange standard from the year ________ to the year _________.
Fill in the blank(s) with the appropriate word(s).
1934; 1973
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An individual demand curve for a good is ____ her marginal utility curve for the good.
A. based on B. the mirror image around the vertical axis of C. twice as steep as D. half as steep as
If the exchange rate between the U.S. dollar and the Euro were 1.50 ($1.50 = one Euro), what would be the price in dollars of a German automobile that cost 40,000 Euros?
a. $10,000 b. $20,000 c. $60,000 d. $200,000
Fred and Barney fill egg cartons with eggs. Fred just started the job and can fill only 20 cartons an hour. Barney has significant on-the-job experience and can fill 40 cartons an hour. Both Fred and Barney work 40 hours a week. Fred's average weekly productivity is ________ cartons; Barney's average weekly productivity is ________ cartons; and as a team their average weekly productivity is ________ cartons.
A. 20; 40; 60 B. 800; 1,600; 1,200 C. 20; 40; 30 D. 800; 2,000; 1,600
Which of the following is NOT a club good?
A) cable television B) a rock concert C) a country club D) a baseball bat