Economics

Which of the following best describes the cause-effect relationship among macroe

Which of the following best describes the cause-effect relationship among macroecomic variables? a. a decrease in total spending causes an increase in inventories, which causes a …

Which of the following best describes the decision-making of firms in a perfectl

Which of the following best describes the decision-making of firms in a perfectly competitive market? Firms primarily have to decide how much quantity to produce Firms primarily h…

Which of the following best describes the general policy of the United States to

Which of the following best describes the general policy of the United States towards Native Americans in the West in the later 1800s? A. The U.S. tried to live with Native tribes…

Which of the following best describes the law of supply? An increase or decrease

Which of the following best describes the law of supply? An increase or decrease in the price of a good will increase or decrease the amount producers are willing and able to prod…

Which of the following best describes the overall scheme of pollution regulation

Which of the following best describes the overall scheme of pollution regulation in the United States? a. Exclusively federal law. b. Exclusively state law with minimal federal ov…

Which of the following best describes the policy of central banks around the wor

Which of the following best describes the policy of central banks around the world regarding their countries' exchange rates? Oa. No central bank in the world attempts to influenc…

Which of the following best describes the simple spending multiplier? It shows t

Which of the following best describes the simple spending multiplier? It shows the magnified change in planned aggregate spending that arises from a change in equilibrium output. …

Which of the following best describes the simple spending multiplier? It shows t

Which of the following best describes the simple spending multiplier? It shows the magnified change in equilibrium output demanded that arises from a given initial change in plann…

Which of the following best exemplifies regulatory capture, or the capture theor

Which of the following best exemplifies regulatory capture, or the capture theory of regulation? Banks write the laws that will be enacted in an effort to govern the financial ind…

Which of the following best explains a company may offer free chargers to its cu

Which of the following best explains a company may offer free chargers to its customers when a smart phone is purchased? _ Phone chargers and phones are complements, so offering f…

Which of the following best explains expansionary monetary policy in the long ru

Which of the following best explains expansionary monetary policy in the long run (assuming that the economy initialy starts from a long run equilibrium) ? A. Expansionary monetar…

Which of the following best explains monetary policies used by the Bank of Japan

Which of the following best explains monetary policies used by the Bank of Japan during the Japanese Slump and their effectiveness? The Bank of Japan lowered the nominal interest …

Which of the following best explains the difterence between commodity money and

Which of the following best explains the difterence between commodity money and fiat money? Commodity money is usually authorized by the central bank, whereas fiat money has to be…

Which of the following best explains why a $7 billion tax cut can lead to a $9 b

Which of the following best explains why a $7 billion tax cut can lead to a $9 billion increase in consumer spending in the short run? A. Tax cuts increase disposable income, whic…

Which of the following best explains why a firm that needs to borrow money would

Which of the following best explains why a firm that needs to borrow money would borrow at long-term rates when short-terms rates are lower than long-term rates? O The use of shor…

Which of the following best explains why an increase in income transfers of $25

Which of the following best explains why an increase in income transfers of $25 billion has a smaller impact on aggregate demand than an increase in government purchases of $25 bi…

Which of the following best explains why the decrease in the price level did not

Which of the following best explains why the decrease in the price level did not increase the real money stock during the Great Depression in the US? Which of the following best e…

Which of the following best explains why the government puts excise taxes on alc

Which of the following best explains why the government puts excise taxes on alcohol and tobacco but not on Coca-Cola, beef or butter? Any amount of consumption of alcohol or toba…

Which of the following best explainswhat stranded assets are? A. The local phone

Which of the following best explainswhat stranded assets are? A.   The local phone companies, oncederegulated, are stuck with obsolete telephone switches. B.   A new company decid…

Which of the following best refers to the outright construction or purchase abro

Which of the following best refers to the outright construction or purchase abroad of productive facilities, such as manufacturing plants, by domestic residents? Long-term capital…

Which of the following best relays the events of the 2007dash–2009 recession aft

Which of the following best relays the events of the 2007dash–2009 recession after the bust in housing prices? A. Mortgage foreclosures, a credit contraction, a leftward shift in …

Which of the following best represents a derived demand? the demand for tickets

Which of the following best represents a derived demand? the demand for tickets to the World Series by baseball fans. the demand to the services of a personal trainer by individua…

Which of the following best represents management\'s objective(s) in utilizing d

Which of the following best represents management's objective(s) in utilizing demand analysis? it provides insights necessary for the effective manipulation of demand it helps to …

Which of the following best represents the marginal revenue for a firm in a perf

Which of the following best represents the marginal revenue for a firm in a perfectly competitive market Average variable cost of the good Price of the good Average fixed cost of …

Which of the following best supports the economic transformation from a centrall

Which of the following best supports the economic transformation from a centrally planned command econimy to a market-based economy? A. reserving heavy industry for state-owned en…

Which of the following bonds will have the smallest percentage increase in value

Which of the following bonds will have the smallest percentage increase in value if all market interest rates decrease by 1%? A.  20-year, zero coupon bond. B.  10-year, zero coup…

Which of the following can NOT explain why workers\' earnings increase with expe

Which of the following can NOT explain why workers' earnings increase with experience? A) Earnings are a reward for investment in training. B) Workers with lots of experience at a…

Which of the following can be as simple as exchanging promises? To be disparagin

Which of the following can be as simple as exchanging promises? To be disparaging, a statement must be: Governments rely on social contracts to avoid: A party may be prevented fro…

Which of the following can be expected to create value immediately? I. Reducing

Which of the following can be expected to create value immediately? I. Reducing operating and/or financing costs II. Research and development leading to a patent III. Building a b…

Which of the following can result in an increase in firm value? I. Reducing net

Which of the following can result in an increase in firm value? I. Reducing net capital expenditures on existing assets II. Increasing the reinvestment rate of the firm III. Impro…

Which of the following cases is an OCA that is NOT preferred by a home country?

Which of the following cases is an OCA that is NOT preferred by a home country? A) The home country faces symmetric shocks with the other country. B) The labor market is well inte…

Which of the following cases violates the property of transitivity? A ~ B, B ~ C

Which of the following cases violates the property of transitivity? A ~ B, B ~ C, A ~ C. A > B, B > C, C > A. None of the statements violates the transitivity property. A…

Which of the following causes a decrease in the monetary base? A. An open-market

Which of the following causes a decrease in the monetary base? A.  An open-market purchase B.  A decrease in the discount rate C.  An increase in "float"--i.e., the amount of fund…

Which of the following causes the unemployment rate to understate the true exten

Which of the following causes the unemployment rate to understate the true extent of joblessness? A) many full time workers really want to be part time workers. B) persons who col…

Which of the following chains of logic explain the functions of banks in the pro

Which of the following chains of logic explain the functions of banks in the process of economic growth? a)Savers deposit their savings in banks. Banks direct these funds to firms…

Which of the following characteristics distinguishes oligopolyfrom other market

Which of the following characteristics distinguishes oligopolyfrom other market structures? a. interdependence amoung firms in the industry b. downward sloping demand curve c. pro…

Which of the following characteristics have predetermined specifications in a be

Which of the following characteristics have predetermined specifications in a bench mark crude oil price? API gravity Delivery point Sulfur content Water content Identify the ONE …

Which of the following clearly demonstrates that total factor productivity is in

Which of the following clearly demonstrates that total factor productivity is increasing? Assume the aggregate production function is upward sloping and exhibits diminishing retur…

Which of the following combination of assets are considered tobe money? currency

Which of the following combination of assets are considered tobe money?        currency in circulation,checkable bank deposits, and credit cards        currency in circulation,che…

Which of the following combination of assets areconsidered to be money A. curren

Which of the following combination of assets areconsidered to be money       A. currency in circulation, checkable bank deposits, and creditcards       B. currency in circulation,…

Which of the following combinations of actions by Congress and the Federal Reser

Which of the following combinations of actions by Congress and the Federal Reserve would be most effective in stimulating an economy that is operating below full employment? An in…

Which of the following combinations of characteristics best describes a monopoli

Which of the following combinations of characteristics best describes a monopolistically competitive firm? Supplies a small share of the market and sells a product that is undiffe…

Which of the following comments is correct? I. China\'s exceptional growth betwe

Which of the following comments is correct? I. China's exceptional growth between 1980 and 2000 supports theconvergence hypothesis. II. The widening gap between Bulgaria and the U…

Which of the following companies will probably realize an increase in its stock

Which of the following companies will probably realize an increase in its stock price? I. AB Corp., which has paid a 6% increase per year, has announced a dividend increase from $…

Which of the following conditions is true when s producer minimizes the cost of

Which of the following conditions is true when s producer minimizes the cost of producing a given level of output? O The marginal product per dollar spent on an inputs is equal. T…

Which of the following conditions that must be satisfied by a successful price d

Which of the following conditions that must be satisfied by a successful price discrimination scheme<?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttag…

Which of the following constitute a reduced form solution of a model? NOTE: A re

Which of the following constitute a reduced form solution of a model? NOTE: A reduced form solution is an equation in which an endogenous variable is expressed as a function of th…

Which of the following contributed to the rising U.S. trade deficit between 1997

Which of the following contributed to the rising U.S. trade deficit between 1997 and 2005? Check all that apply. a) An increase in saving by a major U.S. trading partner b) Strong…

Which of the following corrections will make India and China look much richer as

Which of the following corrections will make India and China look much richer as compared to the United States? a) Measuring their GDP instead of their GNP b) Adjusting from GDP t…

Which of the following correctly completes the statement: \"according to standar

Which of the following correctly completes the statement: "according to standard economic theory, the effect of a price control set by government below the unregulated price but a…