Amy became a tour guide at a national park and was paid $20 per hour to conduct four two-hour tours per day. Each tour generated $400 in revenues for the park. Which of the following shows the marginal resource cost associated with Amy’s labor?
a. $20 hourly rate
b. $360 profit per tour
c. $1600 revenues per day
d. $800 wages per week
d. $800 wages per week
Economics
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Do donor countries gain anything from their aid?
What will be an ideal response?
Economics
It should be possible to avoid intensifying crises when there are weak financial sectors if
A) banks pay closer attention to the maturity match between their debts and assets. B) governments do not run budget deficits. C) current account deficits are moderate. D) banks do not lend to unworthy creditors.
Economics