Thursday, April 10, 2008

7.2 assessment

1.) Greater mobility, fewer responsibilities, and lower initial cost.
2.) Fewer financial benefits, and it can contribute to a more restrictive lifestyle.
3.) Location , Living pace, Utilities, Security deposits, and Insurance.
4.) They should rent efficiency because there is more than one living units and more room
5.) The move would save him $75 each month the whole rent costs $1,200 and evenly divided by 2 people is $600 each.
6.) She has only been living in the apartment for like 6 months and she is a college student so I wouldn't keep the cat. She has spent $2,700 already, that to much money she has already put into living in the apartment to break the contract.

Monday, April 7, 2008

A nation in debt

1.) $3 trillion+ in expected budget and $5 trillion in debt.
2.)They say Bush did the best he could in the wake of the 9/11 attack.
3.)Harvard's economist N. Gregory Mankiw.
4.) Yes I do. If the government pays for health care people wouldn't be in debt as much as they are right now, that way they could have more spending money they could use to pump into the economy.
5.)http://www.nationalscoreindex.com/Calculators_OutstandingDebt.aspx

Friday, April 4, 2008

CPI

CPI- is comparing prices form the past to today's prices.


1.)Milk (Wes. Fam.) $3.99/1gal.


2.)Eggs (Wes. Fam.) $2.23/24oz.


3.)Hamburger (Bucks) $2.96/1.24 lbs.


4.)Chicken (Golden) $3.69/56oz .

I think chicken will will go up because the price of corn will go up.


5.)Butter (Wes. Fam.) $3.99/1lbs.


6.)Ice Cream (Breyer) $6.55/1.69litters.


7.)Chips (Ruffels)$3.49/120z.


8.)Bread (Wes. Fam.) $1.29/240z.


9.)Ketchup (Wes. Fam.) $1.79/24oz.


10.)Cereal (Post) $4.19/13oz.