A person holding a dental hygiene license in the state of Florida has been ruled by a court of law that he/she is delinquent in required child support. The Board of Dentistry has the right to:
Which of the following would be an appropriate response to a…
Which of the following would be an appropriate response to a decrease in aggregate demand from a Keynesian perspective?
The country of Devlina invests heavily in new technology and…
The country of Devlina invests heavily in new technology and infrastructure, significantly improving its productive capacity over time. How will these investments likely affect Devlina’s long-run aggregate supply (LRAS) curve, and what are the implications for long-term economic growth?
If the price of housing is too expensive, which of the follo…
If the price of housing is too expensive, which of the following policies does economic theory predict would be most successful in solving the housing problem?
Which of the following would be an appropriate response of t…
Which of the following would be an appropriate response of the Federal Reserve to an inflationary gap (real GDP above potential)?
Which of the following options would be most likely to reduc…
Which of the following options would be most likely to reduce a government’s budget deficit?
The country of Zanibar is facing an annual inflation rate of…
The country of Zanibar is facing an annual inflation rate of 12%, which is much higher than its historical average of 3%. Meanwhile, wages have only increased by 4% over the same period. What are the likely effects of this disparity between the inflation rate and wage growth on the average citizen in this country?
If real GDP is significantly above potential (or the economy…
If real GDP is significantly above potential (or the economy is growing much faster than normal), why might economic policymakers take actions designed to decrease GDP (or slow economic growth)?
LeCompte Corp. has $312,900 of assets, and it uses only comm…
LeCompte Corp. has $312,900 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $620,000, and its net income after taxes was $24,655. Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15%. What profit margin would LeCompte need in order to achieve the 15% ROE, holding everything else constant?
You decide to buy a house for a total of $[a]. To get a mort…
You decide to buy a house for a total of $. To get a mortgage loan, you make a 10% down payment, and the bank will lend you the rest. The interest rate quoted for this loan is % APR, and the loan will be paid (and interest compounded) every month, for the next 30 years. How much is the TOTAL monthly payment for this mortgage? Enter your answer in dollars, rounded to the nearest cent (2 decimals), and without the dollar sign (‘$’). For example, if your answer is $123,456.789, just enter 123456.79