If Sam has 60.00 each week to spend on gasoline and coffee, and ...

[@Brianna17]

If Sam has 60.00 each week to spend on gasoline and coffee, and their respective prices are 1.50 per gallon and 3.00 per pound, which of the following equations represents his budget line?
 
  A) 60.00 = 1.50/Qg + 3.00/Qc
  B) 60.00 = Qg /1.50 + Qc /3.00
  C) 60.00 = 1.50(Qg) + 3.00(Qc)
  D) 60.00 = 1.50(Qg) - 3.00(Qc)

Question 2

The absence of cyclical unemployment means the economy is at the natural unemployment rate.
 
  Indicate whether the statement is true or false

[chem1s3]

Answer to Question 1

C

Answer to Question 2

TRUE