Given that income is $200 and the price of good Y is $40, what is the vertical intercept of the budget line?

Among the factors that might lead to a divergence from the path of prices for a depletable resource predicted by the economic models are: (i) unexpected discoveries of new reserves; (ii) new technologies which reduce extraction costs

a. i and ii b. i but not ii c. ii but not i d. neither i nor ii

IMF advice to countries such as Russia and Argentina that suffer from exchange rates crises often requires these countries to adopt

A. fixed exchange rates. B. expansionary monetary policies. C. contractionary monetary policies. D. state ownership of industry.