Louis Vuitton decides to invest $80,000,000 into a shoe fact…

Louis Vuitton decides to invest $80,000,000 into a shoe factory in Milan from its money market account.  The money market account was earning 1% in interest per year or $800,000.  Louis Vuitton could have also earned $200,000 from investing the $80,000,000 in a handbag factory. What is its opportunity cost for Louis Vuitton based off of the information in presented this situation?

Analyze the following graph to answer the following question…

Analyze the following graph to answer the following question: In the summer of 1995 (Q3-Third Quarter), the civilian unemployment rate was 5.7%.  The target rate of unemployment (Natural Rate of Unemployment depicted in the graph above) estimated by the Congressional Budget Office was 5.28 % in the summer of 1995. Question: Which of the following examples are unemployment situations that can exist at the target rate of unemployment?

Ted is a tax accountant who marries a wealthy corporate lawy…

Ted is a tax accountant who marries a wealthy corporate lawyer that makes the big bucks. After the honeymoon Ted announces that he is quitting his job so that he can tend to his wife full time, who works long hours at her corporate law firm, by cooking, cleaning, and giving foot massages when she gets home. Upon hearing the news the tax accounting firm decides to offer him a higher hourly wage at $50 to entice Ted to stay at his job. Ted doesn’t take their offer and decides to lovingly tend to his wife’s every need instead. From the information provided what can we infer?