If the total expenditures of a typical family equalled $35 000 per year in 2000 and the exact same basket of goods and services cost $40 000 in the year 2003, the family's cost of living Group of answer choices decreased by 14 per cent increased by 14 per cent increased by 12.5 per cent decreased by 12.5 per cent was unchanged

By filling in the blanks in the cost schedule below, it can be determined that the total cost of the second unit of output is:QuantityTotal cost ($)Marginal cost ($)0200   1900 2 9003 3000   Question 7Select one:a.$700b.$0c.$900d.$1800e.$1000Clear my choiceQuestion 8Not yet answeredMarked out of 1.00Flag questionTipsQuestion textGross national expenditure ...... Question 8Select one:a.includes spending on imports by residents.b.includes all spending in the economy, including that on second-hand goods.c.includes transfer payments from government paid to residents abroad.d.includes spending on exports by foreigners.Clear my choiceQuestion 9Not yet answeredMarked out of 1.00Flag questionTipsQuestion textAs shown in the diagram below, the law of diminishing returns applies where there are:Question 9Select one:a.three workers per day.b.less than five workers per day.c.between two and five workers per day.d.five workers per day.e.more than five workers per day.Clear my choiceQuestion 10Not yet answeredMarked out of 1.00Flag questionTipsQuestion textEconomies of scale occur when:Question 10Select one:a.the long-run average cost curve increases as output increases.b.the long-run average cost curve remains unchanged as output increases.c.firms are producing in the long-run compared to the short-run.d.the long-run average cost curve decreases as output increase.

Use the figure to answer the question.  The income expenditure multiplier equalsGroup of answer choices0.5624

The following data relates to the expenditure of a family per month. Draw a pie diagram. Items Expense (Rs) Food 2000 Cloth Rent 1500 2000 Education 3000 Other 1500

Weekly expenditures for a family of four in 2017 averaged​ $1,500. In​ 2018, the cost of the same purchases was​ $1,600. If 2017 is the base​ year, what was the CPI in​ 2018? a. 93 b. 15 c. 100 d. 107

Jacob spent 15% of expenditure of "others" on movies. This amounted to $450. Find his expenditure on food. Ops: A. $1200 B. $3400 C. $1400 D. $2000 Q 15. If Jacob spent $360 more on food and transport together than he spent on others, then find his monthly expenses. Ops: A. $4500 B. $5100 C. $5400 D. $6000