Create a process map for withdrawing cash from an atm machine as described below: janet needed some cash and walks up to an atm machine. she inserts her debit card. the machine returns the card and the monitor reads: “could not read the card try again”. janet recognizes that she has entered the card in the wrong direction. she takes the card and turns it around and insert the card again. the machine keeps the card and the monitor reads: “enter pass code”. janet enters a 4 digit code. the monitor reads: “ error, try again”. janet enters the code again. the monitor displays: withdrawal? yes no janet selects yes. displays shows: “ $100, $200, $300, $400, $”. janet selects $200. the machine pushes out 10 $20 bills. monitor then displays “receipt? yes no”. janet selects no. monitor displays “take your cash” . the machine returns the card. display changes to “ you”. janet takes the cash and her card and walks away.

What do economists mean when they use the latin expression ceteris paribus?

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars