Q: According to the World View on page 138, how many Zimbabwean
According to the World View on page 138, how many Zimbabwean dollars could you buy with one U.S. dollar in January 2009?
See AnswerQ: If tuition keeps increasing at the same rate as in 2010–
If tuition keeps increasing at the same rate as in 2010–2011 (see News, p. 134), how much will it cost to complete a degree at a private college in four years?
See AnswerQ: What share of U.S. total income in 2010 consisted
What share of U.S. total income in 2010 consisted of (a) Wages and salaries? (b) Corporate profits? ( Note: See Table 5.5 for data.)
See AnswerQ: Between 1980 and 2010, by how much did the labor force
Between 1980 and 2010, by how much did the labor force participation rate (Figure 6.2) of (a) Men fall? (b) Women rise?
See AnswerQ: If a new home can be constructed for $175,000
If a new home can be constructed for $175,000, what is the opportunity cost of federal defense spending, measured in terms of private housing? (Assume a defense budget of $700 billion.)
See AnswerQ: For each of the following possible events, indicate whether the global
For each of the following possible events, indicate whether the global value of the U.S. dollar will A: rise or B: fall. (a) American cars become suddenly more popular abroad. (b) Inflation in the...
See AnswerQ: The following schedules summarize the supply and demand for trifflings, the
The following schedules summarize the supply and demand for trifflings, the national currency of Tricoli: Use these schedules for the following: (a) Graph the supply and demand curves on the next...
See AnswerQ: Adjusted for inflation, the World Bank’s threshold for “extreme”
Adjusted for inflation, the World Bank’s threshold for “extreme” poverty is $1.25 per person per day. (a) How much annual income does this imply for a family of four? (b) What portion of the offici...
See AnswerQ: Two and a half billion people are in “severe” poverty
Two and a half billion people are in “severe” poverty with less than $2 of income per day. (a) What is the maximum combined income of this “severely” poor population? (b) What percentage of the wor...
See AnswerQ: Americans already enjoy living standards that far exceed world averages. Do
Americans already enjoy living standards that far exceed world averages. Do we have enough? Should we even try to produce more?
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