Pat earns $25,000 per year (after taxes), and Pat's spouse, Chris, earns $35,000 (after taxes). They have two pre-school-aged children. Childcare for their children costs $12,000 per year. Given that Chris doesn't want to stay home with the kids, regardless of what Pat does, Pat should stay home with the kids if, and only if, the value of Pat spending more time with the kids is greater than:

Refer to Figure 9-5. With the tariff in place, the United States consumes

A) 18 million pounds of coffee. B) 20 million pounds of coffee. C) 26 million pounds of coffee. D) 38 million pounds of coffee.

"Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation.". This is an apt quote by

a. J. M. Keynes about the stock market crash b. Alan Greenspan about the Asian markets c. Paul Volcker about runaway inflation d. Franklin Roosevelt about railroad stock speculators e. Bill Clinton about his balanced budget