According to the superstar phenomenon, the most talented person in the following occupations is likely to earn extremely high wages except

a. an author.
b. an auto mechanic.
c. a singer.
d. an advice columnist.

b

Economics

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If the exchange rate is $1 = 0.7841 euro, then a French DVD priced at 20 euros would cost to an American buyer (excluding taxes and other fees):

A. $15.68 B. $20.78 C. $25.51 D. $27.84

Economics

If planned aggregate spending in an economy can be written as PAE = 15,000 + 0.6Y ? 20,000r, and potential output equals 36,000, what real interest rate must the Federal Reserve set to bring the economy to full employment?

A. 2 percent B. 4 percent C. 3 percent D. 5 percent

Economics