3. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction. Lucia spends all of her money on comic books and beignets. In 2015, she earned $18.00 per hour, the price of a comic book was $9.00, and the price of a beignet was $2.00. Which of the following give the nominal value of a variable? Check all that apply. The price of a beignet is 0.22 comic books in 2015. Lucia's wage is 2 comic books per hour in 2015. Lucia's wage is $18.00 per hour in 2015. Which of the following give the real value of a variable? Check all that apply. The price of a comic book is $9.00 in 2015. Lucia's wage is $18.00 per hour in 2015. Lucia's wage is 9 beignets per hour in 2015. Suppose that the Fed sharply increases the money supply between 2015 and 2020. In 2020, Lucia's wage has risen to $36.00 per hour. The price of a comic book is $18.00 and the price of a beignet is $4.00.

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match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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