This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The body that is responsible for dating the beginning and ending dates for a recession is A) the ... (Read 61 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
The body that is responsible for dating the beginning and ending dates for a recession is
 
  A) the Congress. B) the National Bureau of Economic Research.
  C) the Bureau of Economic Analysis. D) the Fed.

Question 2

Pam, Pru, and Pat are deciding how they will celebrate the New Year. Pam prefers to take a cruise, is happy to go to Hawaii, but does not want to go skiing. Pru prefers to go skiing, is happy to go to Hawaii, but does not want to take a cruise.
 
  Pat prefers to go to Hawaii or to take a cruise but does not want to go skiing. Their decision is to go to Hawaii. Is this decision rational? What is the opportunity cost of the trip to Hawaii for each of them? What is the benefit that each gets?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Pam, Pru and Pat's decision to go to Hawaii is rational. All three of them considered the cost and benefit of various New Year's plans. All three were at least willing to go to Hawaii while Pam and Pat were unwil-ling to go skiing and Pru was unwilling to go on a cruise. The opportunity cost of the trip for Pam is a cruise; for Pru, it is skiing; and for Pat, it is a cruise. The benefit each receives is the pleasure, the relaxation, excitement, and/or knowledge gained from the trip.


Evvie72

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Gracias!

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Gas exchange across body surfaces. Gas exchange across body surfaces.
ending is impeded by the magnetic attraction between stick and stickase ending is impeded by the magnetic attraction between stick and stickase
upper body upper body
Body Painting - look closely Body Painting - look closely
Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont
A wide variety of pathogens may live on or in the human body. A wide variety of pathogens may live on or in the human body.
Video: Carbohydrate digestion - mouth and stomach & pancreas and small intestine

For a complete list of videos, visit our video library