« previous next »

Author Question: The opportunity cost of a two-week vacation in Hawaii for an Arizona resident includes: a. the cost ... (Read 89 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
The opportunity cost of a two-week vacation in Hawaii for an Arizona resident includes:
 a. the cost of the beach resort hotel accommodations.
 b. the airfare to and from Honolulu International Airport.
 c. the time that could have been used to travel somewhere else.
  d. all of the above.

Question 2

If nominal GDP rises from 5 billion to 6 billion, when the GDP deflator goes from 100 to 110, real GDP
 a. rises.
 b. falls.
 c. stays the same.
 d. could either be rising or falling.


macmac

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Microscopic photo taken by Opportunity showing a gray hematite concretion, indicative of the past pr Microscopic photo taken by Opportunity showing a gray hematite concretion, indicative of the past pr
Electrocardiography. (a) Electrodes are placed on the patient’s chest to record the electrical event Electrocardiography. (a) Electrodes are placed on the patient’s chest to record the electrical event
Holy Week in Spain Holy Week in Spain
First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ... First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ...
The evaporative emission control system includes all of the lines, hoses, and valves, plus the ... The evaporative emission control system includes all of the lines, hoses, and valves, plus the ...
Sexual Development begins in the Seventh week of Gestation Sexual Development begins in the Seventh week of Gestation
Video: What is an ecosystem?

For a complete list of videos, visit our video library