MC Qu. 36-46 (Algo) Answer the question... Answer the question based on the following information: For transactions, households and businesses want to hold an amount of money
equal to one-half of nominal GDP. The table shows the amounts of money they want to hold as an asset at various interest rates.
If nominal GDP is $300 and the supply of money is $170, the equilibrium interest rate will be
Interest
Rate
10%
Amount of Money Demanded
as an Asset
$20
40
ok
8
6
60
4
80
2
100
Multiple Choice

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.

One cost-of-living indicator available on the internet shows that a salary of $40,000 in santa barbara, california, is equivalent to $14,000 in wichita, kansas. this is primarily because of housing, which is much less expensive in wichita. what does this difference say about how the federal government calculates poverty?