According to Keynesian macroeconomists, prices adjust ________ to shocks, so the government should ________

A) slowly; do little
B) rapidly; do little
C) rapidly; fight recessions
D) slowly; fight recessions

D

Economics

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Jacinda quit her job as a blackjack dealer where she made $42,000 per year to start her own florist business. Her business expenses are $14,000 per year on rent, $21,000 per year on supplies, and $9,000 per year on part time hel

A) $104,000 B) $86,000 C) $62,000 D) $44,000

Economics

Refer to Table 13-4. At Victoria's profit-maximizing output

A) total revenue equals $24 and total cost equals $20. B) profit equals $2. C) total revenue equals $21 and total cost equals $17. D) total revenue equals $25 and total cost equals $22.

Economics