Macroeconomics Study Guide Essay

B) I think the progress that Serge would have made in a general education is understood better the content, have social skills, and have more confidence.

a) An importer of antiquities knows that he can sell bowls and carved figurines to the domestic market. If q1 is this number of figurines sold, their price will be $(60 − 2q1 ). If q2 bowls are sold, $(10 − q2 ) will be the price of bowls. Figurines cost $16 and bowls $4 to the importer and fixed costs are $200. i) How many each of figures and bowls should be sold to maximise profit. ii) Is this indeed a maximum? Justify using second order conditions. iii) What price is

1. Which of the following would have supported the actions shown in this cartoon during Reconstruction? (number 1)

15. In pure competition, each extra unit of output that a firm sells will yield a marginal revenue that is ( )

A 3. C 4. D 5. B 6. B 7.

The cost of external equity (new common stock) is ----------------- the cost of internal equity (retained earnings).

5. Which of the following did not occur as a consequence of the boys’ actions?

20. Which of the following statements is TRUE? Economists normally assume that the goal of the

a. The United States government would finance a move to the Midwest but not to the Southwest.

B. My purpose is to persuade my audience that police brutality should be regulated with greater strength and objectivity.

b. “We may as well assert that because a child has thrived upon milk, that it is never to have meat, or that the first twenty years of our lives is to become a precedent for the next twenty.”

In document B the question was asked, "Do you approve or disapprove of the way LBJ is handling the civil rights problem?" 57% approved, 21% disapproved, and 22% has no opinion on the problem. Still being that LBJ was willing to do anything to have the americans help in the election, this helped him because over

d. Your personal philosophy, values or ideology about the balance between civil liberties and national security in the context of an unending war on terror.

a. We were already lagging behind the market to begin with. Unless we give an increase in the basic

1. Suppose you are a star basketball player at a major university in your sophomore year. You are sought after by several NBA teams. Which of the following choices best characterizes your opportunity cost if you choose to drop out of college and enter the NBA?