__________ Theory claims that individuals seek to develop relationships that will maximize the benefits or profits and minimize the costs or deficits
a. Elbing
b. Social Exchange
c. Life Sciences
d. Ostrich Effect
B
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Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, Goldilocks. She gave up a salary of $40,000 per year, invested her savings of $30,000 (which was earning 5 percent interest) and borrowed $10,000 from a close friend, agreeing to pay 5 percent interest per year. In her first year, Golda spent $18,000 to rent a salon, hired a part-time assistant for $12,000 and incurred another $15,000 in expenses on equipment and hairdressing material. Based on this information, what is the amount of her explicit costs?
A) $45,000 B) $45,500 C) $47,000 D) $87,000
Which of the following is NOT considered to be a goal of monetary policy?
A) fair wages B) high employment C) economic growth D) price stability