Economics

32. Gross Domestic Product is not a comprehensive indicator of quality of life b

32. Gross Domestic Product is not a comprehensive indicator of quality of life because: A. it does not reflect any activity that may be cumbersome. B. it does not reflect any acti…

32. Holding all other forces constant, when the price ofgasoline rises, the numb

32. Holding all other forces constant, when the price ofgasoline rises, the number of gallons of gasoline demanded wouldfall substantially over a ten-year period because a. buyers…

32. In very small towns where there is only one grocery store, the market formis

32. In very small towns where there is only one grocery store, the market formis A) monopoly B) oligopoly. C) monopolistic competition. D) perfect competition. 33. If you got a ne…

32. Malthus felt human population was in danger of outrunning its food supply be

32. Malthus felt human population was in danger of outrunning its food supply because: a. he thought population would increase at a geometric rate while land remained essentially …

32. On the television show MythBusters, the hosts design experiments, collect da

32. On the television show MythBusters, the hosts design experiments, collect data, and test theories based on popular yths. This is an example of a, the scientific method. econom…

32. Refer to the in the figure Change in the Demand for U.S. Dollars. The will o

32. Refer to the in the figure Change in the Demand for U.S. Dollars. The will occur, all other things being equal, if change from DI to D2 all A) interest rates rise in Europe B)…

32. Suppose that China and the United States only trade wheat and textiles with

32. Suppose that China and the United States only trade wheat and textiles with each other. The following graph gives the U.S. supply curve for its exports of wheat to China and t…

32. Suppose that China and the United States only trade wheat and textiles with

32. Suppose that China and the United States only trade wheat and textiles with each other. The following graph gives the U.S. supply curve for its exports of wheat to China and t…

32. The supply curve in the graph above is A) perfectly elastic B) relatively el

32. The supply curve in the graph above is A) perfectly elastic B) relatively elastic C) perfectly inelastic D) relatively elastic Use the following to answer question 33: 24 18 1…

32. What is the Herfindahl-Hirschman Index (HHI) for an industry in which five f

32. What is the Herfindahl-Hirschman Index (HHI) for an industry in which five firms each control 20% of the market? a. 20; b. 100; c. 2,000; d. 5,000 33. Which of the following p…

32. Which of the following statements does NOT apply to a market economy? a. Fir

32. Which of the following statements does NOT apply to a market economy? a. Firms decide whom to hire and what to produce b. Households decide which firms to work for and what to…

32.A monopolist must choose between two points on its demand curve; it can sell

32.A monopolist must choose between two points on its demand curve; it can sell 100 units for $3, or it can sell 160 for $2. Marginal revenue at 160th unit is__ a.$20 b.20 cents c…

32.Which of the following is an example of product competition? a.A movie theate

32.Which of the following is an example of product competition? a.A movie theater and a video rental store b.A sports drink, a soda, and a bottle of water c.An amusement park, a C…

321/quizzes/79438/take Question 27 1 pt Jennifer\'s Bakery Shop produces baked g

321/quizzes/79438/take Question 27 1 pt Jennifer's Bakery Shop produces baked goods in a perfectly competitive market. If Jennifer decides to produce her 100th batch of cookies, t…

33 A. Suppose that a country, say Algeria, has more unskilled workers and less c

33 A. Suppose that a country, say Algeria, has more unskilled workers and less capital than any other country in the world. Suppose also that there are two goods, textiles (unskil…

33 Mexico is A. a poor country, and over the past century its rate of economic g

33 Mexico is A. a poor country, and over the past century its rate of economic growth has peen higher than that of the United States. B. a middle-income country, and over the pas:…

33) In this group discussion technique, the group leader states the problem in a

33) In this group discussion technique, the group leader states the problem in a clear m all participants understand. Members then freewheel as many alternatives as they length of…

33) Several firms are operating in a market where they take the other firms\' re

33) Several firms are operating in a market where they take the other firms' response to their actions into account. This market is: a competitive market. a monopolistically compe…

33) Suppose nominal GDP is $12 trillion and the money supply is $2 trillion. Wha

33) Suppose nominal GDP is $12 trillion and the money supply is $2 trillion. What is the velocity of money? A) 0.17 B) 2 C) 6 D) it cannot be calculated 34) Following the last que…

33) The is the bank\'s Ner Income divided by Total Assets A) Net interest margin

33) The is the bank's Ner Income divided by Total Assets A) Net interest margin B) ROA (Return on Assets) C) Net interest income D) ROE (Retum on Equity) 34) Which of the followin…

33) Which of the following is true of an agency office of a foreign bank? ______

33) Which of the following is true of an agency office of a foreign bank? ______ A) They are subject to the requirements for FDIC insurance. B) It can make loans in the United Sta…

33) u) Assume that all firms in this industry have identical cost curves and tha

33) u) Assume that all firms in this industry have identical cost curves and that the market is perfectly competitive. Entire Market Single Representative Firm 2s 25 s2 20 15 10t …

33- Suppose that X and Y are complementary goods. If the price of good X decreas

33- Suppose that X and Y are complementary goods. If the price of good X decreases, we can expect the: Question 33 options: a- demand for good X to increase. b- quantity demanded …

33. A monopolistically competitive firm finds its profit-maximizing rate of outp

33. A monopolistically competitive firm finds its profit-maximizing rate of output by equating A) marginal revenue and marginal cost. B) price and marginal cost. C) average revenu…

33. ECO1050 u05q1 Question 33 (Points: 3) The portion of the long-run average co

33. ECO1050 u05q1 Question 33 (Points: 3) The portion of the long-run average cost curve in which economies of scale are experienced shows that as plant size increases, this happe…

33. Elven and maximizes utility (and no sources of market failure are present),

33. Elven and maximizes utility (and no sources of market failure are present), then a. an efficient mix of output is guaranteed. b. efficient exchange is guaranteed. c. efficienc…

33. If you got a new job and moved to Dale, Indiana (population 1,500) you would

33. If you got a new job and moved to Dale, Indiana (population 1,500) you would expect to find two grocery stores, the market form is A) monopoly B) oligopoly. e C) monopolistic …

33. Industries under monopolistic competition have: A. B. C. D. No barriers to e

33. Industries under monopolistic competition have: A. B. C. D. No barriers to entry Significant barriers to entry Extremely high fixed cost Very strict regulations 34. Monopolist…

33. Redistribution programs are means-tested. To qualify for such a program, a p

33. Redistribution programs are means-tested. To qualify for such a program, a person must demonstrate that: A) his or her family size is larger than the mean-family size for the …

33. The United States recycles only about 15 percent of a. aluminum cans b. offi

33. The United States recycles only about 15 percent of a. aluminum cans b. office papers c. corrugated boxes d. newspapers e. garbage 34. Campaign finance reform is usually propo…

33. The demand curve faced by a firm with a patent on a marketable product a. is

33. The demand curve faced by a firm with a patent on a marketable product a. is horizontal b. is vertical c. slopes upward d. slopes downward e. is nonexistent 34. Which of the f…

33. The federal court system derives its power from: a. The U.S. Senate b. The U

33. The federal court system derives its power from: a. The U.S. Senate b. The U.S. House of Representatives c. The U.S. Constitution d. The U.S. Congress e. The President of the …

33. The reason we accept checkbook money as \"money\" in the US is because (a) u

33. The reason we accept checkbook money as "money" in the US is because (a) unlike US currency, US checkbook money is backed by gold (b) the FDIC guarantees checkbook money (e) U…

33. When investment occurs in developing nations A. Investors hope to gain signi

33. When investment occurs in developing nations A. Investors hope to gain signigiciant returns on their investment and local residensts hopw to gain higher rates of economic grow…

33. Which of the following statements is/are TRUE regarding private placement tr

33. Which of the following statements is/are TRUE regarding private placement transactions? CIRCLE ALL THAT APPLY. 2 points) a. Private placements received expedited review and ap…

33. You are evaluating the profitabil tv l of a process and have the f formation

33. You are evaluating the profitabil tv l of a process and have the f formation. The criterion for profitability is a 15% rate of return over ten operating years. The equipment h…

33321/quizzes/79441/take Price and cost (dollars per pound of steak) 20.00 18.00

33321/quizzes/79441/take Price and cost (dollars per pound of steak) 20.00 18.00 16.00 4.00. 2.00 0.00 8.00 6.00 4.00.. 2.00 S MC MR 0 ,000 2,000 3,000 4,000 5,000 Quantity (pound…

3334 Set #2 : Thursday, September 13 lem Suppose firms in the sugar processing i

3334 Set #2 : Thursday, September 13 lem Suppose firms in the sugar processing industry have the following market shares: 36%, 20%, 15%, 12%, 10%, and 7%. a.Calculate CR, and H fo…

33343880estionld-1&flushed-false;&cld-5039997;&centerwin-yes; ECONO 2202-Net03 H

33343880estionld-1&flushed-false;&cld-5039997;&centerwin-yes; ECONO 2202-Net03 Homework: Homework 3 Score: 1.5 of 2 pts 17 of 18 (17 complete) HW Score: 89.1 End of Ch…

34 The following graph shows four cost curves: annual inventory carrying cost cu

34 The following graph shows four cost curves: annual inventory carrying cost curve An annual order cost curve e e An annual inventory total cost curve A fixed cost curve with res…

34 a. 01:22:46 Real Output Refer to the diagram and assume that prices and wages

34 a. 01:22:46 Real Output Refer to the diagram and assume that prices and wages are flexible both upward and downward in the economy. In the extended AD-AS model, Multiple Choice…

34% 11/07/17 Part 1 (1 point) Feback See Hint Suppose that nominal GDP was $9000

34% 11/07/17 Part 1 (1 point) Feback See Hint Suppose that nominal GDP was $9000000.00 in 2005 in Midland County Texas. In 2015 County Texas. The price level rose 3.00% between 20…

34) 34) After deregulation of the airline and trucking industries, there was a A

34) 34) After deregulation of the airline and trucking industries, there was a A) decrease in the prices they charged. C) Increase In the prices they charged. B) increase in their…

34) 34) Which one of the following is NOT a function of the Federal Reserve Syst

34) 34) Which one of the following is NOT a function of the Federal Reserve System A) determining the permissible size of the federal budget deficit the economy with currency C) r…

34) According to the PowerPoint Lecture Slides, the key feature that distinguish

34) According to the PowerPoint Lecture Slides, the key feature that distinguishes oligopoly from all the other market structures is the existence of (2pts) price discrimination p…

34) is not a cash flow associated with a bond A) Periodic dividend payments 15)

34) is not a cash flow associated with a bond A) Periodic dividend payments 15) Kepayment ot the tace value when the bond matures C) Payment to purchase a bond D) Periodic interes…

34) is not a cash flow associated with a bond A) Periodic dividend payments 15)

34) is not a cash flow associated with a bond A) Periodic dividend payments 15) Kepayment ot the tace value when the bond matures C) Payment to purchase a bond D) Periodic interes…

34, The exchange market is value of a currency relative to inflation B. The pric

34, The exchange market is value of a currency relative to inflation B. The price of one currency relative to gold -C. The price of one currency relative to another D. The change …

34- Assume that brand X is an inferior good and name brand Y is a normal good. A

34- Assume that brand X is an inferior good and name brand Y is a normal good. An increase in consumer income, other things being equal, will cause a(an): Question 34 options: a- …

34-Efforts by a union representative to organize a union are protected from empl

34-Efforts by a union representative to organize a union are protected from employer interference by the: a.Taft-Hartly Act. b.Landrum-Griffin Act. c.Norris-La Guardia Act d.Sherm…