Economics

Which of the following statements is true of managing diversity? O a.It requires

Which of the following statements is true of managing diversity? O a.It requires a painful examination of employees' hidden assumptions. b It makes companies less competitive. C. …

Which of the following statements is true of models? A. Models are always based

Which of the following statements is true of models? A. Models are always based on assumptions that are known to be true. B. It is more important for a model to be simple and usef…

Which of the following statements is true of the federal funds market? A) No ban

Which of the following statements is true of the federal funds market? A) No banks are refused loans in the federal funds market. B) In the federal funds market, banks with a shor…

Which of the following statements is true of the personality traits of narcissis

Which of the following statements is true of the personality traits of narcissists? O They have a willingness to praise others. O They tend to be self-centered. O They support oth…

Which of the following statements is true of the price elasticity of demand? OA.

Which of the following statements is true of the price elasticity of demand? OA. If the price elasticity of demand for a good equals zero, the demand for the good is likely to be …

Which of the following statements is true of women in the workforce? a Their rep

Which of the following statements is true of women in the workforce? a Their representation on standing committees is accurate. O b. They receive fewer benefits because benefits a…

Which of the following statements is true? (i) When a competitive firm sells an

Which of the following statements is true? (i) When a competitive firm sells an additional unit of output, its revenue increases by an amount less than the price. (ii) When a mono…

Which of the following statements is true? A majority of income inequality in th

Which of the following statements is true? A majority of income inequality in the world reflects differences in living standards within countries rather than disparities A majorit…

Which of the following statements is true? A) If the expected future spot exchan

Which of the following statements is true? A) If the expected future spot exchange rate value of the foreign currency decreases, there will be international financial repositionin…

Which of the following statements is true? A) Nonactivists argue that monetary a

Which of the following statements is true? A) Nonactivists argue that monetary and fiscal policies should be deliberately used to smooth out the business cycle. B) Fine-tuning con…

Which of the following statements is true? A) One of the limitations of using mo

Which of the following statements is true? A) One of the limitations of using money is that it does not allow for the transfer of purchasing power into the future. B) The necessar…

Which of the following statements is true? A. Countercyclical monetary policy st

Which of the following statements is true? A. Countercyclical monetary policy stimulates the economy during a recession by shifting the labor demand curve to the left. B. Counterc…

Which of the following statements is true? A. Firms usually tend to cut wages th

Which of the following statements is true? A. Firms usually tend to cut wages than lay off people to cut costs. B. Firms tend to decrease wages in periods of contracting economic …

Which of the following statements is true? A.The Bank of Canada usually avoids i

Which of the following statements is true? A.The Bank of Canada usually avoids inflation altogether by using contractionary policy. B.Some inflation is generally associated with a…

Which of the following statements is true? An increase in government purchases b

Which of the following statements is true? An increase in government purchases by $10 million will cause real GDP to increase by exactly $10 million. Consumption, investment, and …

Which of the following statements is true? Answer A. The Federal Reserve does no

Which of the following statements is true? Answer A. The Federal Reserve does not set the Federal funds rate, but it influences it through the use of open market operations. B. Th…

Which of the following statements is true? Decoding is the process by which a se

Which of the following statements is true? Decoding is the process by which a sender puts his or her thoughts into a symbolic form. Good marketing communications can speed the bra…

Which of the following statements is true? In the long run, the average cost cur

Which of the following statements is true? In the long run, the average cost curve is always downward sloping. In the long run, the quantities of all inputs are fixed. In the long…

Which of the following statements is true? Monopoly markets are more efficient t

Which of the following statements is true? Monopoly markets are more efficient than competitive markets. There is no difference between the outcome in monopoly markets and the out…

Which of the following statements is true? O Individuals who have never been the

Which of the following statements is true? O Individuals who have never been the best at doing anything perform all tasks at a higher opportunity cost than others. Individuals who…

Which of the following statements is true? O a) When the Canadian dollar appreci

Which of the following statements is true? O a) When the Canadian dollar appreciates against the U.S. dollar, living standards in Canada improve at the same rate as the currency a…

Which of the following statements is true? Producing less than equilibrium leave

Which of the following statements is true? Producing less than equilibrium leaves unrealized producer and consumer surplus, and producing more than equilibrium reduces the consume…

Which of the following statements is true? Select one: a. As the expected loss i

Which of the following statements is true? Select one: a. As the expected loss increases, the gain from insurance decreases. b. Low loading costs partly explain why it is difficul…

Which of the following statements is true? Select one: a. As the expected loss i

Which of the following statements is true? Select one: a. As the expected loss increases, the gain from insurance decreases. b. Low loading costs partly explain why it is difficul…

Which of the following statements is true? The active antitrust perspective beli

Which of the following statements is true? The active antitrust perspective believes that competitive market forces will automatically and actively reduce a firm's monopoly power …

Which of the following statements is true? The range is found by taking the diff

Which of the following statements is true? The range is found by taking the difference between the high and low values and dividing that value by 2. The interquartile range is fou…

Which of the following statements is true? The special drawing right (SDR) is a

Which of the following statements is true? The special drawing right (SDR) is a basket of currencies made up of U.S. dollars, euros, British pounds, and Japanese yen. Today, only …

Which of the following statements is true? The study of managerial economics onl

Which of the following statements is true? The study of managerial economics only applies to nonprofit firms, and the principles are NOT applicable to firms that seek to maximize …

Which of the following statements is true? There is a deadweight loss associated

Which of the following statements is true? There is a deadweight loss associated with perfect price discrimination. In perfect price discrimination, the firm is able to convert th…

Which of the following statements is true? With regards to social welfare, oligo

Which of the following statements is true? With regards to social welfare, oligopolists forming a cooperative alliance is : You are assigned a two-student project. Assume that you…

Which of the following statements is true? a. As a rule of thumb, over the past

Which of the following statements is true? a. As a rule of thumb, over the past decade, countries that haverun a trade surplus have grown faster than countries that have runa trad…

Which of the following statements is true? a. Indirect business taxes are a comp

Which of the following statements is true? a. Indirect business taxes are a component of national income because when added to the other components of national income, the sum mus…

Which of the following statements is true? a. Multinational firms tend to reduce

Which of the following statements is true? a. Multinational firms tend to reduce the flow of technology between countries. b. Most of the foreign direct investment found in labor-…

Which of the following statements is true? a. Since every good has some substitu

Which of the following statements is true? a. Since every good has some substitute, even if imperfect, the demand for a good produced by a monopolist will not have zero price elas…

Which of the following statements is/are TRUE regarding a \"second mortgage\"? C

Which of the following statements is/are TRUE regarding a "second mortgage"? CIRCLE ALL THAT APPLY 5. (2 points) A second mortgage is an unsecured loan obtained by a person who ha…

Which of the following statements is? FALSE? A. The price at which the holder bu

Which of the following statements is? FALSE? A. The price at which the holder buys or sells the share of stock when the option is exercised is called the strike price or exercise …

Which of the following statements is? true? A. A trade deficit with another coun

Which of the following statements is? true? A. A trade deficit with another country is not usually bad if it is balanced out by capital inflows. B. A trade deficit with another co…

Which of the following statements refers to unit elastic demand? a. Price change

Which of the following statements refers to unit elastic demand? a. Price changes by 10 percent and quantity demanded changes by 1 percent as the result. b. Price changes by 50 pe…

Which of the following statements reflects elastic demand for a product A price

Which of the following statements reflects elastic demand for a product A price cut won't help me. It won't increase sales, and I'll just get less money for each unit. I don't thi…

Which of the following statements regarding American businesses is TRUE? A.Most

Which of the following statements regarding American businesses is TRUE? A.Most American businesses are corporations. Most American businesses are partnerships. Corporations sell …

Which of the following statements regarding Coase\'s Theorem is most likely to b

Which of the following statements regarding Coase's Theorem is most likely to be true? Lowering transaction costs may be a preferred strategy for government intervention relative …

Which of the following statements regarding Gross Domestic Product is not true?

Which of the following statements regarding Gross Domestic Product is not true? It is a stock variable. It is measured for a particular time period, usually one year. It is perhap…

Which of the following statements regarding a competitive market is not correct?

Which of the following statements regarding a competitive market is not correct? Answer There are many buyers and many sellers in the market. Because of firm location or product d…

Which of the following statements regarding aggregate expenditure and aggregate

Which of the following statements regarding aggregate expenditure and aggregate demand is correct? Aggregate expenditure shows the amount of desired spending from given levels of …

Which of the following statements regarding bond prices and yields is correct? I

Which of the following statements regarding bond prices and yields is correct? I. when the yield to maturity rises, the present value of coupon payments decreases. II. when the cu…

Which of the following statements regarding estimation errors in calculating NPV

Which of the following statements regarding estimation errors in calculating NPV's is correct? For short-term projects, an error in estimating the cash flows will result in a much…

Which of the following statements regarding government spending is true? Select

Which of the following statements regarding government spending is true? Select one: a. Government spending in the majority of industrial countries has decreased over the past 100…

Which of the following statements regarding labor supply is false ? Jerry\'s lab

Which of the following statements regarding labor supply is false? Jerry's labor supply curve can bend backward if the income effect of a higher wage rate outweighs the substituti…

Which of the following statements regarding projects with no IRR or multiple IRR

Which of the following statements regarding projects with no IRR or multiple IRRs is true? Projects with no IRR should always be rejected since they offer no return. A project wit…

Which of the following statements regarding rational ignorance are true? Check a

Which of the following statements regarding rational ignorance are true? Check all that apply. Rational voter ignorance occurs when a voter chooses a candidate who supports polici…