Assume there are nine voters in a certain small town and let x = the preferred number of dollars spent per person per month on garbage collection. For Voters 1, 2 3, and 4, x = $10; for Voter 5, x = $15; for Voter , x = $18; and for Voters 6, 7, 8 and 9, x = $20 . The median voter is

Assume the exchange rate is 1 U.S. dollar equals 1.10 Canadian dollars. If purchasing power parity is correct, a DVD that has a price of $10 in Rochester, New York, in Canada has a price of ________ Canadian dollars

A) 10.00 B) 10.10 C) 11.00 D) 11.11 E) 9.09

Which of the following models relies on emphasizing the importance of sticky wages and prices?

A) the new classical model B) the new Keynesian model C) the real business cycle model D) the monetarist model