Author Question: Refer to Figure 15-17. You are a member of a student government and are asked to recommend a price ... (Read 63 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
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
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

For a complete list of videos, visit our video library