An individual in the US wants to buy office equipment from England which costs 2,800 pounds. If the exchange rate is $1.92/pound, how much will it cost him in dollar terms?

The table above shows sales of the firms in the pet food industry. The four-firm concentration ratio in the industry is

A) 59 percent. B) 80 percent. C) 70 percent. D) 40 percent.

Which of the following is an example of a positive economic statement?

A) The unemployment rate last month was 5.4 percent. B) The unemployment rate last month was too high. C) Because of the high unemployment rate last month the government should increase government spending. D) The unemployment rate should be measured differently because it doesn't include students who can't find jobs.