Economics

1- In the market for loanable funds: Select one: a. banks supply loanable funds

1- In the market for loanable funds: Select one: a. banks supply loanable funds and the government demands loanable funds. b. both savers and borrowers supply and demand loanable …

1- Is an oligopolist more or less likely to engage in strategic decision making

1- Is an oligopolist more or less likely to engage in strategic decision making compared to a monopolistic competitor? <?xml:namespace prefix = o ns = "urn:schemas-microsoft-co…

1- Marketing plays a huge role in the decisions consumers make. One large proble

1- Marketing plays a huge role in the decisions consumers make. One large problem marketing fills is awareness. If a consumer does not know of a product they are definitely not go…

1- One of the reasons why nations encourage the formation of joint venture is to

1- One of the reasons why nations encourage the formation of joint venture is to avoid investment restrictions in developing countries. True or False? 2- The difference between th…

1- Operating costs for a certain process have been increasing uniformly for 5 ye

1- Operating costs for a certain process have been increasing uniformly for 5 years. If the cost in year 1 was $5000 and it increased by 5% per year through year 5, the present wo…

1- Should a nation’s income be distributed to its members according to their con

1- Should a nation’s income be distributed to its members according to their contributions to the production of that total income or according to the members’ needs? Should societ…

1- Some economists argue that because increases in government spending crowd out

1-      Some economists argue that because increases in government spending crowd out private spending, increased government spending will reduce the long-run growth rate of real …

1- Sometimes when two parties engage in a contract, one party agrees to insulate

1- Sometimes when two parties engage in a contract, one party agrees to insulate the other party from economic loss. This would be referred to as: Select one: a. asymmetric inform…

1- Suppose Apple plans to produce 20.0 million iPhones this year. The company ex

1-     Suppose Apple plans to produce 20.0 million iPhones this year. The company expects to sell 20.1 million and add 100,000 to the inventories this its stores. a-     Suppose t…

1- Suppose that a nation experiences 1% deflation and their nominal interest rat

1- Suppose that a nation experiences 1% deflation and their nominal interest rate is 1.5%. What is that nation's real interest rate? A.  -0.5% B.  2.5% C.  -2.5% D.  0.5% 2-In a s…

1- Suppose that a small open economy has 200 workers and that its technology req

1- Suppose that a small open economy has 200 workers and that its technology requires 1 worker-hour per unit of food (thus 1 unit of food per worker-hour) and 3 worker hours per u…

1- Suppose that the income elasticity of demand for a good is -0.42. This indica

1- Suppose that the income elasticity of demand for a good is -0.42. This indicates that the good is a(n) ____________ good. a- complementary b- substitute c- inferior d- normal _…

1- The Benly Company needs to raise funds for a major expansion. The company is

1- The Benly Company needs to raise funds for a major expansion. The company is debating whether to issue stock or issue bonds. If the compoany issues bonds, then its debts will i…

1- The Market: Potato chips. The Event: A fungal disease affecting potatoes brea

1- The Market: Potato chips. The Event: A fungal disease affecting potatoes breaks out in Idaho, ravaging the season’s potato crop. Simultaneously, new research shows potato chips…

1- The change in the quantity demanded of a goodresulting from a change in relat

1- The change in the quantity demanded of a goodresulting from a change in relative price with the level of satisfaction heldconstant is called: A. Giffen effect. B. Real price ef…

1- The market for Calloway golf clubs has the following demand and supply functi

1- The market for Calloway golf clubs has the following demand and supply functions:             QD = 4500 3.5 P             QS = - 2000 +7 P Note that the quantity is in hundreds…

1- The opportunity cost of your college education is: Question 7 options: a- c a

1- The opportunity cost of your college education is: Question 7 options: a- c and d. b- d and e. c- the actual dollar cost of your college education. d- your best alternative use…

1- The relationship between the level of prices andinflation is: A. The higher t

1- The relationship between the level of prices andinflation is: A. The higher the price level, the lower the rate ofinflation. B. The higher the rate of increase in the price lev…

1- The relationshipbetween the level of prices and inflation is: A. The higher t

1- The relationshipbetween the level of prices and inflation is: A. The higher the price level,the lower the rate of inflation. B. The higher the rate ofincrease in the price leve…

1- The relationshipbetween the level of prices and inflation is: A. The higher t

1- The relationshipbetween the level of prices and inflation is: A. The higher the price level,the lower the rate of inflation. B. The higher the rate ofincrease in the price leve…

1- Trained _________, typically from outside agencies, are versed in relevant la

1- Trained _________, typically from outside agencies, are versed in relevant laws and case precedents. The parties agree ahead of time to accept the decision of this neutral pers…

1- Traveling by airplane is becoming more and more an activity thatAmericans par

1- Traveling by airplane is becoming more and more an activity thatAmericans partake of. Suppose that the demand for travel routesworldwide increased in the year of 2006. This wou…

1- True or False: A persistent reduction, year after year, in the price of semic

1- True or False: A persistent reduction, year after year, in the price of semiconductors is an example of deflation. 2-In the United States in the 1930s: A. Prices fell at the ra…

1- Unlike advertising, which is part of the promotional component of marketing m

1- Unlike advertising, which is part of the promotional component of marketing mix, personal selling is considered to be part of the contribution function. True or False? Why? 2- …

1- Using FRED codes, when was the last time that the United States and Canada we

1- Using FRED codes, when was the last time that the United States and Canada were at parity with their exchange rates? What do you believe was the cause of this Parity (Consider …

1- Using the following information, calculate total utility and marginal utility

1- Using the following information, calculate total utility and marginal utility. a. Plot the total utility curve b. Plot marginal utility directly below total utility c. At what …

1- What allows an employee to quit at any time and an employer to fire at any ti

1- What allows an employee to quit at any time and an employer to fire at any time for any reason? Select one: a. employment-at-will b. contractual autonomy c. right-to-hire d. te…

1- What happens if you count both final and intermediate goods? 2- What is count

1- What happens if you count both final and intermediate goods? 2- What is counted in the expenditure approach ? 3- What is the largest component in the expenditure approach ? 4- …

1- What is a Black Swan event? 2- Does it ever make sense a priori to devote res

1- What is a Black Swan event? 2- Does it ever make sense a priori to devote resources to preventing a black swan event? Explain. 3- Does it ever make sense a priori to devote res…

1- What is the concern for obtaining the best quality, features, and performance

1- What is the concern for obtaining the best quality, features, and performance of a product or service for a given price referred to as? a- customer value. b- the value proposit…

1- What is the discount yield, bond equivalent yield, and effective annual retur

1- What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 96.375 percent of its face value and is 75 days fr…

1- When a nation\'s terms of trade worsens: a. The nation has to stop trading wi

1- When a nation's terms of trade worsens: a. The nation has to stop trading with other nations. b. The nation should only be engaged in importing. c. The nation should increase i…

1- When an economy experiences a negative real shock, fiscal policy: Select one:

1- When an economy experiences a negative real shock, fiscal policy: Select one: a. using tax cuts is appropriate. b. using increased government expenditures is appropriate. c. is…

1- Which of the following correctly lists the three fundamental economic questio

1-Which of the following correctly lists the three fundamental economic questions? a)If to produce? Why to produce? When to produce? b)If to produce? What to produce? How to produ…

1- Which one of the following goods is most likely to have a price inelastic dem

1- Which one of the following goods is most likely to have a price inelastic demand? A good for which the quantity supplied is fixed ==============================================…

1- Which one of the following is the best example of an inferior good? Automobil

1- Which one of the following is the best example of an inferior good? Automobiles =============================================== 2- If the sellers of a good are unable to set th…

1- Which one of the following will not cause a shift in the supply curve for sho

1- Which one of the following will not cause a shift in the supply curve for shoes? New trade rules allow increased imports of shoes ==============================================…

1- You can invest in taxable bonds that are paying a yield of 8.1 percent or a m

1- You can invest in taxable bonds that are paying a yield of 8.1 percent or a municipal bond paying a yield of 7.95 percent. Assume your marginal tax rate is 21 percent. a. Calcu…

1- a computer system in an office is an example of: a- labor b- capital c- land

1- a computer system in an office is an example of: a- labor b- capital c- land d- all of the above e- none of the above 2- the lowest point on the average total cost curve is: a-…

1- an asset was acquired by Hugo and Sons for a first cost of $100,000 via a 10%

1- an asset was acquired by Hugo and Sons for a first cost of $100,000 via a 10% per year loan that needs to be paid back using equal uniform amounts at the end of each year in 2 …

1- an economy begins in long-run equilibrium, and then a change in goverment reg

1- an economy begins in long-run equilibrium, and then a change in goverment regulations allows banjs to start paying interest on checking accounts. recall that the money stock is…

1- if the price elasticity of demand for the notebook is -.65. Then the demand f

1- if the price elasticity of demand for the notebook is -.65. Then the demand for notebooks can be describe as? 2- Suppose that we have the following sales function: QX = -4Px + …

1- insurance premiums determined by a _______ are based on the risk characterist

1- insurance premiums determined by a _______ are based on the risk characteristics of the entire membership. a. loading charge b. experience rating c. staff model   d. group mode…

1- marketing firm is considering making up for three new hires. Given its specif

1- marketing firm is considering making up for three new hires. Given its specific needs, the management feels that there is a 60% chance of hiring at least two candidates. There …

1- please summarize in details four reasons international activities facilitate

1- please summarize in details four reasons international activities facilitate attainment of competitive advantage 2- describe and explain the four preliminary considerations com…

1- the following characteristics: many buyers and sellers, homogeneous product,

1- the following characteristics: many buyers and sellers, homogeneous product, and perfect information defines a: Select one: a. none of the answers b. monopolistic c. a monopoly…

1- the supply curve illustrates that firms? - increase the quality supplied of g

1- the supply curve illustrates that firms? - increase the quality supplied of good when it's price raises. - increase the supply of good when it's price raises. -increase the qua…

1- what is the test? 2-what are the educational achievement tests in many ways f

1- what is the test? 2-what are the educational achievement tests in many ways for better and more comprehensive measure that we can not obtain? 3- what is the results of an achie…

1- your boss offers you a wage increase of 10 percent . is it possible that you

1- your boss offers you a wage increase of 10 percent . is it possible that you are worst off with the wage increase than you were before? Explain your answer! 2- if the governmen…

1-(Consider This) An unprofitable motel will stay open in the short-run if: a.pr

1-(Consider This) An unprofitable motel will stay open in the short-run if: a.price (average nightly room rate) exceeds average variable cost. b.marginal revenue exceeds marginal …