Economics

Which of the following is NOT a reason why investing in gold might be considered

Which of the following is NOT a reason why investing in gold might be considered "nothing but speculation"? A. Investors are guessing that the price of gold will just keep rising …

Which of the following is NOT a reason why the division of labor increases an ec

Which of the following is NOT a reason why the division of labor increases an economy s level of production. O Opportunity Costs Economies of scale QUESTI 10 points Save Answer Wh…

Which of the following is NOT a reasonable name for the X variable on the horizo

Which of the following is NOT a reasonable name for the X variable on the horizontal axis in a simple linear regression analysis? 1. The independent variable 2. The explanatory va…

Which of the following is NOT a recommendation of John Stuart Mill? a. The gover

Which of the following is NOT a recommendation of John Stuart Mill? a. The government should offer public education to all b. The government should prevent anyone else from educat…

Which of the following is NOT a shortcoming of cost-plus pricing? Question 4 ans

Which of the following is NOT a shortcoming of cost-plus pricing? Question 4 answers Most often the actual profit margin will be less than profit maximizing margin. Cost-plus pric…

Which of the following is NOT a strategy used by firms selling network goods to

Which of the following is NOT a strategy used by firms selling network goods to gain new customers and to keep existing ones? Question 13 options:   1) teaser strategies   2) prod…

Which of the following is NOT a tool the Fed uses to manage the money supply? A)

Which of the following is NOT a tool the Fed uses to manage the money supply? A) open market operations B) discount policy C) deposit insurance D) reserve requirements 0.4 points …

Which of the following is NOT a tool the Fed uses to manage the money supply? A)

Which of the following is NOT a tool the Fed uses to manage the money supply? A) open market operations B) discount policy C) deposit insurance D) reserve requirements 0.4 points …

Which of the following is NOT a tool the Fed uses to manage the money supply? A)

Which of the following is NOT a tool the Fed uses to manage the money supply? A) open market operations B) discount policy C) deposit insurance D) reserve requirements 0.4 points …

Which of the following is NOT a way that governments require firms to take exter

Which of the following is NOT a way that governments require firms to take externalities into account? Select one: a. marketable permits for pollution b. better defined property r…

Which of the following is NOT an aspect of identifying the target audience for a

Which of the following is NOT an aspect of identifying the target audience for an advertisement? The placement of the advertising depends on the target audience. The Federal Commu…

Which of the following is NOT an example of a way that the government interferes

Which of the following is NOT an example of a way that the government interferes in the economy? The government requires everyone to get an elementary and high school education. L…

Which of the following is NOT an example of contractionary fiscal policy? A. dec

Which of the following is NOT an example of contractionary fiscal policy? A. decreasing the money supply B. decreasing government spending C. decreasing transfer payments D. incre…

Which of the following is NOT an example of market failure A. Pitt Street Brewer

Which of the following is NOT an example of market failure A. Pitt Street Brewery keeps the thermostat at 70 degrees, which also cools Luna Pizza’s portion of the building B. Atom…

Which of the following is NOT an example of raising rivals\' fixed costs? Answer

Which of the following is NOT an example of raising rivals' fixed costs? Answer Existing doctors in a particular medical field lobby for it to be required that new doctors acquire…

Which of the following is NOT an example of raising rivals\' fixed costs? Answer

Which of the following is NOT an example of raising rivals' fixed costs? Answer Existing doctors in a particular medical field lobby for it to be required that new doctors acquire…

Which of the following is NOT correct about a Recessionary Expenditure Gap? A Ke

Which of the following is NOT correct about a Recessionary Expenditure Gap? A Keynesian solution to a recessionary expenditure gap is to increase government spending and/or cut ta…

Which of the following is NOT correct regarding the theories of income distribut

Which of the following is NOT correct regarding the theories of income distribution? Dealing with how income should be distributed is a positive economic issue. Dealing with how i…

Which of the following is NOT criteria for member nations to use the euro as out

Which of the following is NOT criteria for member nations to use the euro as outlined in the Maastricht Treaty? A. Specific interest rates B. A specific level of inflation C. A la…

Which of the following is NOT part of monopolistic competition? the market not t

Which of the following is NOT part of monopolistic competition? the market not the firm determines price. relatively free entry and exit. long run zero economic profits. relativel…

Which of the following is NOT true about a command economy? a. Economic goals ar

Which of the following is NOT true about a command economy? a. Economic goals are set by the ruler or government b. The government decides what is produced c. The government deter…

Which of the following is NOT true about federal rulemaking? Select one: a. Agen

Which of the following is NOT true about federal rulemaking? Select one: a. Agencies are legally required to air debate over proposed rules, though they often do not do so. b. Whe…

Which of the following is NOT true about inflation? The Bureau of Labor Statisti

Which of the following is NOT true about inflation? The Bureau of Labor Statistics calculates the Consumer Price Index by comparing the price of a market basket of goods in one ye…

Which of the following is NOT true about profit maximization for a firm? Profit

Which of the following is NOT true about profit maximization for a firm? Profit maximization occurs where marginal revenue equals marginal cost. Profit maximization occurs where t…

Which of the following is NOT true about the Federal Reserve System? a. Terms of

Which of the following is NOT true about the Federal Reserve System? a. Terms of service of the members of the Board of Governors are longer than the number of years that a two te…

Which of the following is NOT true about the multiplier effect? If the Marginal

Which of the following is NOT true about the multiplier effect? If the Marginal Propensity to Consume is .75, then the Multiplier is 4. If the multiplier is 3, then an increase of…

Which of the following is NOT true about the three major types of unemployment?

Which of the following is NOT true about the three major types of unemployment? a. Frictional unemployment occurs only during recessions. b. Frictional unemployment consists of wo…

Which of the following is NOT true about the unemployment rate as calculated by

Which of the following is NOT true about the unemployment rate as calculated by the Bureau of Labor Statistics (BLS)? a. The unemployment rate is calculated by dividing the number…

Which of the following is NOT true about unemployment and GDP? At the natural ra

Which of the following is NOT true about unemployment and GDP? At the natural rate of unemployment, the economy is considered to be producing its potential output. The GDP gap is …

Which of the following is NOT true about ‘Signaling Status with Luxury Goods: Th

Which of the following is NOT true about ‘Signaling Status with Luxury Goods: The Role of Brand Prominence’? Wealthy consumers low in need for status want to associate with their …

Which of the following is NOT true for a monopoly? A monopoly sometimes makes a

Which of the following is NOT true for a monopoly? A monopoly sometimes makes a positive profit in the long run. A price ceiling on a monopoly is always desirable. Price does not …

Which of the following is TRUE about the political and market systems of voting?

Which of the following is TRUE about the political and market systems of voting? The political voting system functions according to majority rule, while the market voting system f…

Which of the following is TRUE for monopolists? Their marginal revenue increases

Which of the following is TRUE for monopolists? Their marginal revenue increases with output. They produce all units of output for which marginal revenue is greater than or equal …

Which of the following is TRUE of the Federal Reserve\'s response to the banking

Which of the following is TRUE of the Federal Reserve's response to the banking crises of the 1930s and 2008? In both crises, the Fed failed to use its power to act as a lender of…

Which of the following is TRUE? Monopolistic competition and perfect competition

Which of the following is TRUE? Monopolistic competition and perfect competition are both inefficient. The inefficiency of monopolistic competition is a result of advertising expe…

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 characteristic of a competutive market? a Buyers and

Which of the following is a characteristic of a competutive market? a Buyers and sellers are price takers There e many buyers but few sellers O c Many firms have market power beca…

Which of the following is a characteristic of an oligopoly market structure? Man

Which of the following is a characteristic of an oligopoly market structure? Many firms. Price equals marginal revenue. Mutual interdependence. A unique product. Which of the foll…

Which of the following is a characteristic of monopolistic competition? standard

Which of the following is a characteristic of monopolistic competition? standardized product many firms mutual interdependence barriers to entry A product that is a close substitu…

Which of the following is a characteristic of the quantity theory of money? It i

Which of the following is a characteristic of the quantity theory of money? It is focused on the short run. It assumes that prices and interest rates are sticky. It is a product o…

Which of the following is a concern of organized labor regarding multinational f

Which of the following is a concern of organized labor regarding multinational firms? A company can counter a union's bargaining power with the power to move production to another…

Which of the following is a conclusion that has been drawn from the contestable

Which of the following is a conclusion that has been drawn from the contestable market theory? Competition is not present in a contestable market. Inefficient producers cannot sur…

Which of the following is a consequence of rend controls established to keep hou

Which of the following is a consequence of rend controls established to keep housing affordable for the poor? a.  less rental housing is available as prospecive land lords find it…

Which of the following is a correct description of the crowding-out effect of de

Which of the following is a correct description of the crowding-out effect of deficit spending a. The buying of government bonds leads to lower interest rates, thereby reducing pr…

Which of the following is a correct statement about a Nash equilibrium in a two-

Which of the following is a correct statement about a Nash equilibrium in a two-player game? - The joint payoffs of the two players are highest compared to other strategy pairs. -…

Which of the following is a correct statement? Because economics is concerned wi

Which of the following is acorrectstatement? Because economics is concerned with questions of "ought," it is a branch of applied ethics and not scientific. Although they are gener…

Which of the following is a cost borne by an employee?Answer The cost incurred i

Which of the following is a cost borne by an employee?Answer The cost incurred in looking for alternative job opportunities A fall in overall productivity as a result of hiring th…

Which of the following is a critical dilemma when implementing fiscal policy in

Which of the following is a critical dilemma when implementing fiscal policy in reference to timing lags? Question 1 options: a) b) c) d) If an economy is in a recession, what wou…

Which of the following is a difference between arbitration and minitrials? A. Th

Which of the following is a difference between arbitration and minitrials? A. The disputants are not represented by legal counsel in a minitrial, unlike in arbitration. B. The par…

Which of the following is a distinction between general and specific human capit

Which of the following is a distinction between general and specific human capital? A. General human capital consists of training and education that is valued by different firms, …