Over the past 30 years, the price of oil has been relatively unstable, fluctuating between $11.00 and well over $100 per barrel which of the following potentially contributes to oil-price instability? oil prices are relatively unstable because a) the income elasticity of demand for oil is negative b) the market for oil is relatively competitive c) opec has been successful in controlling the quantity of oil its members supply d) the demand for oil is elastic. e) the supply of oil is inelastic.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?