Using the above table, the Disposable Personal Income (DPI) for the country is Select one: O a. 147. O b.78. O 220. O d. 293.

If the inflation rate is 3 percent and the nominal interest rate is 8 percent, how much is the after-tax real interest rate if the government imposes a 20 percent interest income tax? O a. 3.4 percent O b. 4 percent O c. None of the above O d. 5.4 percent.

Assume that you take a job with flexible hours, but initially your salary was based on a 40-hour week. Your salary begins at $15 an hour, or $30,000 per year. Assuming your salary rises, at what salary (hourly wage) would you begin to work fewer than 40 hours a week> Remember the job permits flexible hours Now if your rich uncle dies and leaves you $500,000 , would this alter the wage rate at which you cut your work hours? Would the wage rate change if you have children?

3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation). To convert the original earnings of Nelson, Nicklaus, and Pavin, use the formula for converting dollar figures from an earlier era into year 2021 U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Nominal Winnings Year 1945 Byron Nelson 1973 Jack Nicklaus Corey Pavin 1991 2021 John Rahm Golfer True (Dollars) 63,336 308,362 979,430 7,705,933 False U.S. CPI (1983 = 100) 18 44.4 136.2 264.7 Winnings in 2021 Dollars True or False: According to the previous table, the golfer with the highest PGA winnings in nominal dollars is the same as the golfer with the highest PGA winnings after adjusting for inflation. 7,705,933

Darshan needs to borrow money to become a nurse practitioner. Suppose that compensation of nurse practitioners is expected to increase. Assuming nothing else changes, this means that if Darshan borrows now, his cost of borrowing money is expected to due to the following factor: O Decreasing preferences for future consumption. O Rising benefits of becoming a nurse practitioner. Rising compensation of nurse practitioners provokes inflation. Which of the following events could decrease the cost of money? Check all that apply. The Federal Reserve purchases Treasury securities held by banks Inflation increases The federal deficit decreases The Federal Reserve sells Treasury securities to banks decrease increase

Which of the following would ↑ the Qd of LF? Select one: O A. expected profit decreases. B. the real interest rate rises. O C. the real interest rate falls. D. the supply of loanable funds decreases. E. wealth increases. Clear my choice

Suppose the number of higher-rate taxpayers in Botswana increased by one million, mainly driven by an increase in employment income. In the money market, this would be illustrated by which diagram? Interest rate interest rate L Quantity of money L Quantity of money a. [4] Interest rate Interest rate Į C Quantity of money 14 5 L₁ L Quantity of money

1

7

At the beginning of the year, Tom's LTD had a capital stock of 5 machines. During the year, Tom scrapped 2 old machines and purchased 3 new machines. Tom's gross investment for the year is O 2 machines. O 1 machine. O 6 machines. O 3 machines.