Economics

Which of the following is not true of Federal Reserve notes? Ob. They are a liab

Which of the following is not true of Federal Reserve notes? Ob. They are a liability of the Fed. Od. They are counted as currency in the money supply a. They are redeemable for o…

Which of the following is not true of monopolistic competition? There exists fre

Which of the following is not true of monopolistic competition? There exists free entry and exit of firms. There are a large number of buyers and sellers. Each of the firms acts a…

Which of the following is not true when a monopoly market is in equilibrium? Pri

Which of the following is not true when a monopoly market is in equilibrium? Price > MR. Price = Average Revenue. Price > MC. Consumer well being would be improved if less r…

Which of the following is not true: Question 4 options: An unemployed leather ma

Which of the following is not true: Question 4 options: An unemployed leather maker is most likely to be considered to be structurally unemployed. A new college graduate looking f…

Which of the following is one of the differences between the Articles of Confede

Which of the following is one of the differences between the Articles of Confederation and the new Constitution created during the Constitutional Convention in 1787? The Constitut…

Which of the following is responsible for decisions on monetary policy? Answer t

Which of the following is responsible for decisions on monetary policy? Answer the 12 Federal Reserve Banks only the Board of Governors of the Federal Reserve System only the Fede…

Which of the following is the LEAST common? A) free trade areas B) currency unio

Which of the following is the LEAST common? A) free trade areas B) currency unions C) currency crises D) nominal anchors Economic benefits to nations in a currency union will be l…

Which of the following is the aim of the product concept? Question options: Focu

Which of the following is the aim of the product concept? Question options: Focus on the target market and make products that meet those customers' demands Market only those produ…

Which of the following is the best definition of economics? a. An investigation

Which of the following is the best definition of economics? a. An investigation of the quantities and prices of the various goods produced by the nations of the world. b. A study …

Which of the following is the best description of a price-taker as it pertains t

Which of the following is the best description of a price-taker as it pertains to perfect competition? Carol sells used furniture. Sometime customers want to haggle with her over …

Which of the following is the best description of monopolistic competition? firm

Which of the following is the best description of monopolistic competition? firm has no control over price easy entry, low markup horizontal demand curve for the firm barriers to …

Which of the following is the best description of monopolistic competition?. fir

Which of the following is the best description of monopolistic competition?. firm has no control over price easy entry, low markup horizontal demand curve for the firm I-barriers …

Which of the following is the best description of the effects of a decrease in t

Which of the following is the best description of the effects of a decrease in the supply of brea? A) Consumers will pay more for bread. B) Bread prices will fall, and bread sales…

Which of the following is the best example of a perfectly competitive firm? a co

Which of the following is the best example of a perfectly competitive firm? a com farmer in Illinois a Taco Bell restaurant the Ford Motor Company the United Parcel Service (UPS) …

Which of the following is the best example of a variable cost? Question 1 option

Which of the following is the best example of a variable cost? Question 1 options: Monthly wage payments for hired labor. Annual property tax payments for a building. Monthly rent…

Which of the following is the best example of a vertically integrated firm? a. G

Which of the following is the best example of a vertically integrated firm? a. General Electric, which produces light bulbs, jet engines, washing machines, and so on b. Kinko's, w…

Which of the following is the best example of how we make decisions using margin

Which of the following is the best example of how we make decisions using marginal analysis? a) You pay to repair your used car because of all the money you have spent on recent r…

Which of the following is the best explanation for why President Harry Truman on

Which of the following is the best explanation for why President Harry Truman once said that he wanted to find a one-armed economist? a. President Truman received input from so ma…

Which of the following is the best explanation of why the Euro-zone debt crisis

Which of the following is the best explanation of why the Euro-zone debt crisis is most severe Portugal, Ireland, Greece, and Spain? All these countries: (a) had large government …

Which of the following is the correct procedure order to obtain a better linear

Which of the following is the correct procedure order to obtain a better linear regression function for estimation after Excel operation?   Check r2 (Good fit or not) ? F test? t …

Which of the following is the definition of national income (NI)? A. The amount

Which of the following is the definition of national income (NI)? A. The amount of income that households receive before paying taxes.The amount of income that households receive …

Which of the following is the formula for the multiplier? OA MPC O C. Often the

Which of the following is the formula for the multiplier? OA MPC O C. Often the multiplier formula is considered to be too simple because it ignores some real world complications.…

Which of the following is the general distinction between price taker firms and

Which of the following is the general distinction between price taker firms and monopolistic competitive firms? a) pure competitors must compete with rival sellers, while monopoli…

Which of the following is the least expansionary policy mix? 35. a) c) governmen

Which of the following is the least expansionary policy mix? 35. a) c) government spending and taxes both rise by $100 billion government spending falls by $100billionand taxes ri…

Which of the following is the market where reserves can be borrowed by one bank

Which of the following is the market where reserves can be borrowed by one bank from another bank very short periods of time? Money market. Federal funds market Commercial paper m…

Which of the following is the most accuatetatement abaut a firm? Types of firms

Which of the following is the most accuatetatement abaut a firm? Types of firms are limited to sole proprietorships, partnerships, and corporations. Types uf firms are limited to …

Which of the following is the most fundamental assumption in economics? A. At th

Which of the following is the most fundamental assumption in economics? A. At the same 4% annual interest rate, the future value of $1,000 in 5 years is higher than the future val…

Which of the following is the most useful method to deal with the situation when

Which of the following is the most useful method to deal with the situation when the payment and compounding periods are not the same and the cash flow is irregular? a) Convert th…

Which of the following is the most useful method to deal with the situation when

Which of the following is the most useful method to deal with the situation when the payment and compounding periods are not the same and the cash flow is irregular? a) Convert th…

Which of the following is the opportunity cost of money? A) money is a means of

Which of the following is the opportunity cost of money? A) money is a means of payment B) the trouble of having to get money out of the bank C) the interest forgone by holding mo…

Which of the following is the result of the \"Great Compromise\" between the sma

Which of the following is the result of the "Great Compromise" between the small and large population states? The separation of powers between the three branches of the federal go…

Which of the following is true about a monopolistically competitive firm? a. The

Which of the following is true about a monopolistically competitive firm? a. They face a perfectly inelastic demand curve b. Their marginal revenue curve rises as thy produce incr…

Which of the following is true about collectable experience? consumers with a ch

Which of the following is true about collectable experience? consumers with a chronic productivity orientation are more likely to desire collectable experiences creating a desire …

Which of the following is true about competitive markets (select all that apply)

Which of the following is true about competitive markets (select all that apply): Consumer surplus is maximized. Producer surplus is maximized. The sum of consumer plus producer s…

Which of the following is true about financial institutions in the United States

Which of the following is true about financial institutions in the United States compared to those in other countries? Most U.S. intermediaries are allowed to engage in nonbanking…

Which of the following is true about grading? a. Grading standards are set up by

Which of the following is true about grading? a. Grading standards are set up by experts and can never be affected by changes in wishes and wants of buyers b. It generally has bee…

Which of the following is true about hyperinflation? Question 2 options: a) b) c

Which of the following is true about hyperinflation? Question 2 options: a) b) c) d) Financial assets in a hyperinflated currency quickly become worthless. The natural rate of emp…

Which of the following is true about labor union effects on labor markets? A:The

Which of the following is true about labor union effects on labor markets? A:The higher wages in the union sector tend to elevate wages indirectly across all sectors of the labor …

Which of the following is true about marketing analytics? It generates Big Data

Which of the following is true about marketing analytics? It generates Big Data to be used in marketing decision making. It is a departmental approach to separately analyzing the …

Which of the following is true about national deficit and debt? Answer No countr

Which of the following is true about national deficit and debt? Answer No country has defaulted on debt since the Great Depression all answers are true Recessions, growth slowdown…

Which of the following is true about potential GDP? Select one For a nation to b

Which of the following is true about potential GDP? Select one For a nation to be at its potential GDP the unemployment rate has to be zero If the current unemployment rate is bel…

Which of the following is true about shareholders? a If a company is unable to p

Which of the following is true about shareholders? a If a company is unable to pay its debts, it seeks protection from creditors in bankruptcy court, in which case shareholders lo…

Which of the following is true about the Federal Reserve and its ability to prev

Which of the following is true about the Federal Reserve and its ability to prevent recessions? The Federal Reserve: a) does not try to eliminate recessions, but instead focuses o…

Which of the following is true about the relationship between the aggregate dema

Which of the following is true about the relationship between the aggregate demand curve and the aggregate expenditure line?                 If the aggregate expenditure line shif…

Which of the following is true about ‘Signaling Status with Luxury Goods: The Ro

Which of the following is true about ‘Signaling Status with Luxury Goods: The Role of Brand Prominence’? Patricians possess significant wealth and pay a premium for conspicuously …

Which of the following is true concerning the cash flow approach to determining

Which of the following is true concerning the cash flow approach to determining cash distributions to shareholders? I. This approach ignores the firm's debt policy II. This approa…

Which of the following is true concerning the corporate taxation of insurance pr

Which of the following is true concerning the corporate taxation of insurance premiums and the treatment of uninsured losses? Select one: a. both premiums and expected losses are …

Which of the following is true concerning tracking stock? I. Shares of tracking

Which of the following is true concerning tracking stock? I. Shares of tracking stock are publicly traded and subject to market price competition II. The parent firm retains owner…

Which of the following is true for a Nash equilibrium of a two-player game? A) T

Which of the following is true for a Nash equilibrium of a two-player game? A) The joint payoffs of the two players are highest compared to other strategy pairs. B) Given another …

Which of the following is true for a market with no externalities under perfect

Which of the following is true for a market with no externalities under perfect competition? Market equilibrium gives the highest possible total surplus. Market equilibrium gives …