This topic contains a solution. Click here to go to the answer

Author Question: Fiona shares an office with her ex-husband. Her share of the rent and utilities is 625 per month. ... (Read 151 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
Fiona shares an office with her ex-husband. Her share of the rent and utilities is 625 per month. She is considering moving to a home office which she will not have to share with anyone.
 
  The home office will not cost her anything as far as extra rent or utilities. Recently, you ran into Fiona at the gym and she tells you that she has moved into her home office. Fiona is as rational as any other person. As an economics major, you rightly conclude that
  A) Fiona did not have a choice; her ex-husband was a jerk.
  B) Fiona figures that the benefit of having her own office (as opposed to sharing) is zero, since she is no longer paying rent and utilities.
  C) Fiona figures that the additional benefit of having her own office (as opposed to sharing) is at least 625.
  D) The cost of having one's own space outweighs the benefits.

Question 2

How does contractionary monetary policy affect net exports in the short run?
 
  A) Contractionary monetary policy reduces exports and increases imports.
  B) Contractionary monetary policy increases exports and reduces imports.
  C) Contractionary monetary policy increases exports and increases imports.
  D) Contractionary monetary policy reduces exports and reduces imports.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ergserg

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

C

Answer to Question 2

A




Themember4

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Wow, this really help


Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

For a complete list of videos, visit our video library