Your auto transport was he has a $200 monthly premium and a $700 deductible. What is the maximum amount you will have to pay out of pocket for a car accident before your insurance covers your costs

Suppose that Ms. Hamir stacked the deck with her design proposal. In other words, she purposefully under-designed the less expensive solution and produced a cost estimate for the higher-end version that she knew would come in over budget if it were

In a sporting goods store, you can buy the equipment you want and forgo the rest. But in an election you "buy" the entire range of the candidate's positions, including some you may not agree with. This difference:

A production possibilities frontier identifies the dollar cost of producing a good or service in an economy. True or False

A pure monopoly sells 6 units of a product per day at a unit price of $15. If it lowers the price to $14, its total revenue increases by $22. This implies that its sold output increases by Multiple Choice 4 units per day. 3 units per day.

For a closed economy, GDP is $12 trillion, consumption is $7 trillion, taxes net of transfers are $3 trillion and the government runs a deficit of $1 trillion. What are private saving and national saving? a.

Fixed expenses: a. includes labor, raw materials, and commissions. b. can be estimated by taking into consideration the production. c. are incurred regardless of sales volume. d. must be linked to strategy in the business plan

True or false: to promote stability in commodity markets, international commodity agreements have relied on production and export controls, buffer stocks, and multilateral contracts.

The American Recovery and Reinvestment Act was a reaction to what event in the United States? a. The economic crisis of 2008 b. The terrorist attacks of 9/11 c. The war in Afghanistan d. The war in Iraq

Which statement best explains the law of demand? O The quantity demanded by consumers increases as prices rise, then decreases as prices fall. The quantity demanded by consumers decreases as prices rise, then increases as prices fall.

In three to four sentences, explain how an increase in government spending can increase the national debt.