Economics

22. Angelo is a wholesale meatball distributor. He sells his meatballs to all th

22. Angelo is a wholesale meatball distributor. He sells his meatballs to all the finest Italian restaurants in town. Nobody can make mewinils hie Angelo. As a result, his is the …

22. Assume the multiplier is 5 and that the total crowding-out effect is $20 bil

22. Assume the multiplier is 5 and that the total crowding-out effect is $20 billion. An increase in government purchases of $10 billion when the multiplier is 5 will shift the ag…

22. At the full-employment unemployment rate there is only: A. cyclical and fric

22. At the full-employment unemployment rate there is only: A. cyclical and frictional unemployment. C. demand-deficient unemployment. B. frictional and structural unemployment. D…

22. CVP Analysis a. XYZ Corporation has $8,000 in fixed costs. Each unit uses $1

22. CVP Analysis a. XYZ Corporation has $8,000 in fixed costs. Each unit uses $14 in direct materials, $19 in abor, and $2 in variable manufacturing overhead, Each unit sells for …

22. Ceteris paribus, if the real interest rate is 6 percent and the price level

22. Ceteris paribus, if the real interest rate is 6 percent and the price level is falling at a rate of 2 percent, whatis nominal interest rate? A.8 percent 6 percent C. 10 percen…

22. Consider the Free Cash Flow Equation, what happens to Free Cash Flow if the

22. Consider the Free Cash Flow Equation, what happens to Free Cash Flow if the tax rate increases, holding all else constant? It decreases, increases, there is no change, 20. Tru…

22. If state law requires an engineer to use a material with an minimum advertis

22. If state law requires an engineer to use a material with an minimum advertised yield stress of 500 ppsi, and he chooses to use a material with an advertised yield stress of 10…

22. If the Federal Reserve sells bonds in the open market at the same time as th

22. If the Federal Reserve sells bonds in the open market at the same time as the government increases government spending, theeffect of the fiscal policy will be A. expansionary;…

22. If the reserve ratio is 15 percent, and banks do not hold excess reserves, a

22. If the reserve ratio is 15 percent, and banks do not hold excess reserves, and people hold only deposits and no currency, then when the Fed sells $25.5 million worth of bonds …

22. In order to shift the curr A. Must use more of the existing resources. B. Ca

22. In order to shift the curr A. Must use more of the existing resources. B. Can rais C. Must find additional resources or better technology. ent production possibilities curve o…

22. Indentured servitude was (a) Only ended through manumission (b) Forced labor

22. Indentured servitude was (a) Only ended through manumission (b) Forced labor at zero wages (c) Only used in the Southern colonies (d) A labor contract between an immigrant and…

22. Inequality between countries is a. greater than inequality within countries

22. Inequality between countries is a. greater than inequality within countries (that is, the Gini Ratio for the world as a whole is o. about the same as inequality within countri…

22. Joe Rogers deposits $200 in currency in his checking account at a bank. This

22. Joe Rogers deposits $200 in currency in his checking account at a bank. This deposit is treated as: A. A subtraction of $200 from the money supply because the $200 in currency…

22. Keynesians claim that counter cyclical monetary policy is asymmetric in its

22. Keynesians claim that counter cyclical monetary policy is asymmetric in its effectiveness. Which of the following arguments is used by Keynesians in support of such an argumen…

22. Many people referred to the economic power of cotton as \"King Cotton\" beca

22. Many people referred to the economic power of cotton as "King Cotton" because: (a) Cotton crops reduced economic growth throughout the United States (b) Cotton produced over h…

22. Many people referred to the economic power of cotton as \"King Cotton\" beca

22. Many people referred to the economic power of cotton as "King Cotton" because: (a) Cotton crops reduced economic growth throughout the United States (b) Cotton produced over h…

22. Many people referred to the economic power of cotton as \"King Cotton\" beca

22. Many people referred to the economic power of cotton as "King Cotton" because: (a) Cotton crops reduced economic growth throughout the United States (b) Cotton produced over h…

22. Mike signs a note payable to a bank. The bank indorses and negotiates the no

22. Mike signs a note payable to a bank. The bank indorses and negotiates the note to Fay, who then indorses and negotiates it to Sam. Sam presents the note to Mike, who dishonors…

22. Of the policy tools available to the European Central Bank, the most frequen

22. Of the policy tools available to the European Central Bank, the most frequently used are the a. minimum reserve requirements b. discount rates c. standing lending facilities d…

22. Pat calculates that for every extra dollar she earns, she owes the governmen

22. Pat calculates that for every extra dollar she earns, she owes the government 40 cents. Her total income no% $44,000, on which she pays taxes of $11,000. Determine her average…

22. Starting with QD 300 2.5P and QS 60 5P and supposing that the government imp

22. Starting with QD 300 2.5P and QS 60 5P and supposing that the government imposes an excise tax of $3 per unit collected from producers, find (a) the new equilibrium price and …

22. Supporters of using government expenditures to respond to recession (Points

22. Supporters of using government expenditures to respond to recession (Points : 2)        argue that monetary policy should be used first. An increase in the money supply will r…

22. Suppose a firms inverse demand function is as follows: P= 40 - Q/2 A) What i

22. Suppose a firms inverse demand function is as follows: P= 40 - Q/2 A) What is the firms total revenue function? B) What is the firms marginal revenue function? C) At what quan…

22. The following diagram shows the market d curves of the producer firm, and th

22. The following diagram shows the market d curves of the producer firm, and the firm's profit function curve. Based on the graph, which of the following statements are correct? …

22. The gold standard had its origin in the use of as a medium of exchange, unit

22. The gold standard had its origin in the use of as a medium of exchange, unit of account, and store of value. A. the U.S. dollar B. the British pound C. paper currency D. gold …

22. The law of demand implies that, all else equal, A) as the price of bagels ri

22. The law of demand implies that, all else equal, A) as the price of bagels rises, the demand for bagels will fall. B) as the price of bagels rises, the quantity of bagels deman…

22. The maximum loss a buyer of a stock call option can suffer is the _________.

22. The maximum loss a buyer of a stock call option can suffer is the _________. A. call premium B. stock price C. stock price minus the value of the call D. strike price minus th…

22. The term thin market\" refers to: a. a market for a product not grown in the

22. The term thin market" refers to: a. a market for a product not grown in the U.S b. a market for a product with substantial production risk. c. a market with only a small propo…

22. To internalize a negative externality a. a producer\'s costs should be reduc

22. To internalize a negative externality a. a producer's costs should be reduced by an amount equal to the external cost resulting from the production of a good b. a producer's c…

22. When the Fed purchases securities in an open market operation, the Fed will:

22. When the Fed purchases securities in an open market operation, the Fed will: a. b. c. d. increase money supply decrease money supply have no effect on money supply none of the…

22. Which of the following statements is/are TRUE regarding the benefits of mutu

22. Which of the following statements is/are TRUE regarding the benefits of mutual funds? CIRCLE ALL THAT APPLY (2 points) Liquidity intermediation means that investors can conver…

22. Which of the following would most likely increase the price of a new house?

22. Which of the following would most likely increase the price of a new house? higher wages for carpenters, higher wood prices, increases in consumer incomes, highe a. apartment …

22. \"The extent to which the economy slows depends, in part, on inventories. Bu

22. "The extent to which the economy slows depends, in part, on inventories. Businesses added $10.8 billion to their stockpiles in the fourth quarter. It's unclear whether that bu…

22. whichor ehe tollowi ng representa a legitinate exception to the law o demand

22. whichor ehe tollowi ng representa a legitinate exception to the law o demand? a reduction in the quantiey demanded in the face ot PEL a. b. prestige goods (o.g., caviar or toi…

22.)If people eventually adjust their inflation expectations so that in the long

22.)If people eventually adjust their inflation expectations so that in the long run actual and expected inflation are the same, then policymakers a. can exploit a tradeoff betwee…

22.If money supply is increased,then interest rates go investment goes and aggre

22.If money supply is increased,then interest rates go investment goes and aggregate demand goes - 23. If money supply is decreased, then interest ratesgoinvestment goesand aggreg…

22.The total value of Treasury bonds (T-bonds) in existence at any point in time

22.The total value of Treasury bonds (T-bonds) in existence at any point in time is: A. the federal government spending deficit. B. the trade deficit. C. less than government spen…

226 325 424 463 What is the MPL when the number of professor increases from 1 to

226 325 424 463 What is the MPL when the number of professor increases from 1 to 3? QUESTION 12 The optimal amount of x1, x2. P1. P2 and income are given by the following: 41 21 x…

22: The rate at which commercial banks can borrow from the Federal Reserve is kn

22: The rate at which commercial banks can borrow from the Federal Reserve is known as the a. Federal funds rate b. prime rate c. discount rate d. market rate 25. The principal me…

22:13 Module 2 Quiz: Courts, ADR and Administrative Agencies Started: Jun 21 at

22:13 Module 2 Quiz: Courts, ADR and Administrative Agencies Started: Jun 21 at 10:12pm Quiz Instructions Read all of the reading materials for Module 2. Watch the videos. Answer …

22:31 The video defines sexual harassment as unwelcome verbal, visual, or physic

22:31 The video defines sexual harassment as unwelcome verbal, visual, or physical conduct of a sexual nature that is severe or pervasive that affects working conditions or create…

22AWest Coast refinery used the following stocks of oil in a production run of g

22AWest Coast refinery used the following stocks of oil in a production run of gasoline. The respective costs of these stocks are shown in the adjacent column. Barrels Unit cost L…

23 A city is offering to install and operate a water pumping station to provide

23 A city is offering to install and operate a water pumping station to provide service to a proposed new production facility. The station will cost $50,000 now plus it will incur…

23 A supply curve slopes upward becme as more is produced, total cost of prodact

23 A supply curve slopes upward becme as more is produced, total cost of prodaction falls b an increase in input prices increses suply c the quantity supplied of mod goods and ser…

23 I11.The Firm: Cost and Output Determination: Fill the red-colored cells 124 1

23 I11.The Firm: Cost and Output Determination: Fill the red-colored cells 124 125 11I-1.Assume that the size of Caroline's factory 126 is fixed and Caroline can vary the quantity…

23 SLow growth in US incomes during the 1970s and 1980s was primarily due to: A

23 SLow growth in US incomes during the 1970s and 1980s was primarily due to: A - slow productivity growth in the US B - increased competition from Japan C - increased competition…

23 a. EAuction and EMarketplace are two competing Internet auction sites, where

23    a. EAuction and EMarketplace are two competing Internet auction sites, where buyers and sellers transact goods. Each auction site earns money by charging sellers for listing…

23) According to the IS curve, the tax multiplier is always ________. A) larger

23) According to the IS curve, the tax multiplier is always ________. A) larger in absolute value than the expenditure multiplier B) equal to the expenditure multiplier C) smaller…

23) Mitzi\'s Pet Salon hires you to determine the company\'s status. The data be

23) Mitzi's Pet Salon hires you to determine the company's status. The data below provide information on the company's annual costs and revenues $25,000 Wages Interest paid on loa…

23) The interest rate the Federal Reserve charges a bank when it borrows reserve

23) The interest rate the Federal Reserve charges a bank when it borrows reserves from the Fed is called the A) market interest rate B) federal funds rate. C) discount rate. D) pr…