« previous next »

Author Question: Refer to Figure 15-17. You are a member of a student government and are asked to recommend a price ... (Read 55 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
on: Jun 29, 2018
Refer to Figure 15-17. You are a member of a student government and are asked to recommend a price for the course and you argue: I think the college should charge a price so that it just breaks even on the course.
 
  How much profit (or loss) will the college make on the course if it charges this price?
  A) -2,592,000 B) -1,080,000 C) 0 D) 450,000

Question 2

Which of the following will lead to a decrease in the equilibrium interest rate in the economy?
 
  A) a decrease in GDP
  B) an increase in the reserve requirement
  C) an increase in the price level
  D) a sale of government securities by the Fed
  E) an increase in the discount rate


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

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?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

A tapeworm, Taenia pisiformis, a member of the class Cestoda. A tapeworm, Taenia pisiformis, a member of the class Cestoda.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ... Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ...
American Government: Roots and Reform, AP* Edition, 12th Edition American Government: Roots and Reform, AP* Edition, 12th Edition
Pulegone, a cyclic monoterpene, can be isolated from the essential oil of pennyroyal, a member ... Pulegone, a cyclic monoterpene, can be isolated from the essential oil of pennyroyal, a member ...
What is the total resistance of the circuit in Figure 1? 150 What is the total resistance of the circuit in Figure 1? 150
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library