The figure above shows Ilene's budget line. The price of a can of cat food is $2. Ilene's income per week is
A) $10.
B) $40.
C) $56.
D) $160.
B
Economics
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Refer to Figure 2-18. Which two arrows in the diagram depict the following transaction: Carter earns a $400 commission for selling men's designer shoes at Brooks Brothers
A) J and M B) J and G C) K and G D) K and M
Economics
A fixed money-supply rule will have the greatest stabilizing effect on output when
A) money demand is unstable and commodity demand is stable. B) both money and commodity demand are unstable. C) both money demand and commodity demand are stable. D) the velocity of money is unstable.
Economics