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An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 28 units. Each unit of capital costs $4; each unit of raw materials, $4; and each unit of labor, $3. The per-unit cost of production in this economy is? Indicate to the nearest tenth of a dollar (e.g., 5.2).

If the price of iron at home is $8.30 per kilogram and it is $8.00 per kilogram on the world market, we will ___________ iron.

How many members does the Board of Governors of the Federal Reserve have?

Assuming no other changes, if checkable deposits decrease by $40 billion and balances in money market mutual funds increase by $50 billion, the

Wachenheim golf clubs 24.JPG.jpg These production possibilities curves suggest that  

Exam Questions Money 24(1).JPG M2 money supply for this economy is  

Exam Questions Money 24.JPG    M1 money supply for this economy is

Which of the following back the money supply in the U.S.? Check all that apply.

If we have a fixed price level and the marginal propensity to consume is 0.8, and the GDP gap is 100, to get to full employment, the government should increase expenditures by how much? Indicate to the nearest whole number. 

What is the value of the dollar in year 4? Round to the nearest hundredth of a dollar (e.g., 0.65). Value of dollar.PNG