Economics

Which of the following is a false statement? a. Adverse possession is a means of

Which of the following is a false statement? a. Adverse possession is a means of obtaining ownership and title of property without the delivery of a deed. b. Government taking pri…

Which of the following is a financial intermediary that serves as a bridge betwe

Which of the following is a financial intermediary that serves as a bridge between savers and borrowers in the loanable funds market model? a) Mutual funds b) Corporations c) Gove…

Which of the following is a fundamental condition for the marginal product (MP)

Which of the following is a fundamental condition for the marginal product (MP) to represent labour demand? A. All of the above B. Competitive product market C. Short-run period D…

Which of the following is a fundamental distinguishing feature of individual inc

Which of the following is a fundamental distinguishing feature of individual income taxes compared with payroll taxes? A. Individual income taxes are applied to a more narrowly de…

Which of the following is a good example of a price floor? O minimum wage O rent

Which of the following is a good example of a price floor? O minimum wage O rent controls scalping regulations. O gas taxes. 1 points Save Answer QUESTION 2 Please refer to the fo…

Which of the following is a good example of a tradeoff? Groups that represent a

Which of the following is a good example of a tradeoff? Groups that represent a variety of conflicting interests are all allowed to protest outside Congress and the White House   …

Which of the following is a key difference between the dictator game and the ult

Which of the following is a key difference between the dictator game and the ultimatum game? The dictator game is played with real money; the ultimatum game is played with hypothe…

Which of the following is a likely consequenceof the sharp depreciation of the South Korean won against theUnited State…

A. As a result, the prices of South Koreanimports into the U.S. will become more expensive. B. As a result, the prices of Japanese exports to the U.S. willdecline. C. As a result,…

Which of the following is a major problem facing developing nations? Primary pro

Which of the following is a major problem facing developing nations? Primary products tend to have highly elastic supply and demand which creates stable prices that do not allow f…

Which of the following is a microeonomics question? A) Should the government dec

Which of the following is a microeonomics question? A) Should the government decrease unemployment benefits to reduce the unemployment rate? B) Should congress decrease taxes to h…

Which of the following is a normative economic statement? Question 11 options: T

Which of the following is a normative economic statement? Question 11 options: The poverty rate hit a new high last year and income distribution also worsened. Health care account…

Which of the following is a normative statement? Multiple Choice: a) The unemplo

Which of the following is a normative statement? Multiple Choice: a) The unemployment rate in South Dakota is lower than the national average. b) Generally speaking, low unemploym…

Which of the following is a part of the Fifth Amendment? Select one: a. The guar

Which of the following is a part of the Fifth Amendment? Select one: a. The guarantees of the Amendment are available to property owners where state, county, or municipal governme…

Which of the following is a position held by monetarists? The economy is unstabl

Which of the following is a position held by monetarists? The economy is unstable; wages and prices are inflexible. The short-run aggregate supply curve slopes downward. Aggregate…

Which of the following is a possible benefit of the nationalization of a market?

Which of the following is a possible benefit of the nationalization of a market? There is no longer a goal to maximize profit, which allows the market to produce an allocative eff…

Which of the following is a principal method of ensuring the solvency of insurer

Which of the following is a principal method of ensuring the solvency of insurers? tracking and investigating market conduct complaints against insurers disciplining agents of the…

Which of the following is a provision of the Patient Protection and Affordable C

Which of the following is a provision of the Patient Protection and Affordable Care Act? Multiple Choice Every firm must purchase health insurance for their employees or face a $2…

Which of the following is a reason for executive privilege? a. Because the Presi

Which of the following is a reason for executive privilege? a. Because the Presidency is such a hard job, they need certain privileges to make it bearable. b. Presidents need exec…

Which of the following is a reason why the aggregate demand curve slopes downwar

Which of the following is a reason why the aggregate demand curve slopes downward? a. At a higher price level, fewer goods and services are available. b.Periods when the price lev…

Which of the following is a requirement for a valid notice from a buyer to a sel

Which of the following is a requirement for a valid notice from a buyer to a seller claiming a breach of warranty? The notice must be written. The notice must make a claim for a s…

Which of the following is a true statement about comparing world incomes? A. The

Which of the following is a true statement about comparing world incomes? A. The purchasing power of currency is about the same in most countries, so it is not necessary to adjust…

Which of the following is a true statement about the self-interest assumption? S

Which of the following is a true statement about the self-interest assumption? Self-interest players always maximize money. Self-interest implies that players are selfish. Self-in…

Which of the following is a true statement regarding public interest theory? a.

Which of the following is a true statement regarding public interest theory? a. According to public interest theory, political representatives act to pursue socially ideal outcome…

Which of the following is a true statement? a. The breach of duty element in the

Which of the following is a true statement? a. The breach of duty element in the test for negligence liability in the U.S. is governed predominantly by the reasonable person stand…

Which of the following is a type of public good? tires cars highways gasoline No

Which of the following is a type of public good? tires cars highways gasoline None of the above The "free-rider problem" refers to the fact that: government subsidizes the fares o…

Which of the following is a way banks reduce risk? a) Screening firms. b) Evalua

Which of the following is a way banks reduce risk? a) Screening firms. b) Evaluating firms. c) Monitoring firms. d) Pooling money into portfolios. An investment that provides a hi…

Which of the following is an accurate statement about state lotteries? a. becaus

Which of the following is an accurate statement about state lotteries? a. because of individual demand for gambling, lottery proceeds are stable from year to year and easily predi…

Which of the following is an advantage of a clearinghouse payments system relati

Which of the following is an advantage of a clearinghouse payments system relative to a direct exchange of checks between banks. (More than one answer is possible During a financi…

Which of the following is an appropriate fiscal policy to address the inflation

Which of the following is an appropriate fiscal policy to address the inflation that occurs when the economy is above potential GDP?                 Decrease taxes to protect cons…

Which of the following is an argument in favor of the war on terrorism? States g

Which of the following is an argument in favor of the war on terrorism? States get to decide who is and who is not a terrorist, but states have perpetrated much more horrific acts…

Which of the following is an argument of opponents of devaluations? Select one:

Which of the following is an argument of opponents of devaluations? Select one: a. Participants in foreign exchange markets have a short memory: if the expected devaluation doesn'…

Which of the following is an economic consequence of rising health care costs? O

Which of the following is an economic consequence of rising health care costs? O Firms decrease outsourcing or offshoring activity. Some employers choose to eliminate health insur…

Which of the following is an example of a contractionary monetary policy? A)Tran

Which of the following is an example of a contractionary monetary policy? A)Transfer payments to poor families are reduced B)The fed buys government securities in the open market …

Which of the following is an example of a demand shock? a) Hurricane Harry knock

Which of the following is an example of a demand shock? a) Hurricane Harry knocks out oil drilling platforms in the Gulf of Mexico. b) Consumers become worried about job loss and …

Which of the following is an example of a government solution to externalities?

Which of the following is an example of a government solution to externalities? Choose one answer. a. The government offers free childhood immunizations. The externality is that a…

Which of the following is an example of a labor market that is free of barriers

Which of the following is an example of a labor market that is free of barriers to entry and exit? a) John knows he will not be able to get the training needed to move into the hi…

Which of the following is an example of a pro-cyclical policy? Select one: a. Th

Which of the following is an example of a pro-cyclical policy? Select one: a. The Fed lowering the Required Reserves Ratio during an expansion b. The Fed targeting a lower Federal…

Which of the following is an example of a product made available in the US throu

Which of the following is an example of a product made available in the US through a traditional part of the economy? a. A shirt bought at a store. b. Shoes bought from a friend. …

Which of the following is an example of adverse selection? a) A safe driver taki

Which of the following is an example of adverse selection? a) A safe driver taking greater risk in a rental car than his own car.                         b) A terminally ill perso…

Which of the following is an example of an automatic stabilizer? Question 11 opt

Which of the following is an example of an automatic stabilizer? Question 11 options: a) b) c) d) Evidence has suggested that borrowing is _____ than taxation by politicians to fi…

Which of the following is an example of an intermediate good or service? gasolin

Which of the following is an example of an intermediate good or service? gasoline purchased by Sam for her commute to work flour purchased by Jake to bake a cake for his spouse tr…

Which of the following is an example of disintermediation? A. Stock market broke

Which of the following is an example of disintermediation? A. Stock market brokers B. Insurance companies C. Adjustable rate mortgages D. None of the above. Which of the following…

Which of the following is an example of external debt for the United States? A)

Which of the following is an example of external debt for the United States? A) A loan made by Citibank to the govenment of Mexico B) A purchase of Apple stock by a person in Cana…

Which of the following is an example of human capital? (Select all that apply.)

Which of the following is an example of human capital? (Select all that apply.) Learning how to write concisely (for most white-collar jobs) Understanding how to use Excel, a spre…

Which of the following is an example of moral hazard? A) buyer who makes a large

Which of the following is an example of moral hazard? A) buyer who makes a large raise in bid at an auction to discourage other bidders. B) doctor who performs a large number of i…

Which of the following is an example of rent seeking behavior? O A. Amazon intro

Which of the following is an example of rent seeking behavior? O A. Amazon introduced the Kindle to compete with say's Digital Reader. Amazon was motivated 0 B. Apple earned large…

Which of the following is an example of scarcity? A) If you choose to play video

Which of the following is an example of scarcity?   A) If you choose to play video games you will not have as much time for exercise. B) If I decide to buy a new car I may not hav…

Which of the following is an example of structural unemployment? A worker moves

Which of the following is an example of structural unemployment? A worker moves to California and searches for a new job.A worker moves to California and searches for a new job. B…

Which of the following is an example of the free-rider problem? a. Both Zoe and

Which of the following is an example of the free-rider problem? a. Both Zoe and Zach receive low-cost dental care at the local dental school, so neither of them pays the full cost…

Which of the following is an example of the multiplier at work as a result of an

Which of the following is an example of the multiplier at work as a result of an increase in consumption expenditures? -Consumers compete with the government by increasing their e…