Mandy saved her allowance to buy a 12 pack of cream soda. When Mandy's brother saw the soda, he took four. Sodas were allocated between Mandy and her brother through
A) force.
B) majority rule.
C) first-come, first-served.
D) sharing equally.
E) personal characteristics.
A
Economics
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Based on the table above, if the wage rate is $500 and the price of output is $5, how many workers should the firm hire?
What will be an ideal response?
Economics
In the United States (and in this course), financial institutions' reserves include:
a. Cash in the vault and deposits at other institutions. b. Cash in the vault and deposits at the central bank. c. Cash in the vault and AAA corporate securities. d. Currency in circulation and checking accounts. e. Short-term Treasury bills and government deposits are institutions'.
Economics