Economics

52. Reference: \"Miracle Face.\"Tara developed a great new type of face cream gu

52. Reference: "Miracle Face."Tara developed a great new type of face cream guaranteed to provide total sun protection, remove wrinkles, and result in anyone looking at least ten …

52. True or false? A market system sends signals to consumers regarding what to

52. True or false? A market system sends signals to consumers regarding what to produce and what to consume. 57. Social cost is A. The cost of production borne by the producer of …

52. What is capital flight? When a country experiences capital flight, what is t

52. What is capital flight? When a country experiences capital flight, what is the effect on its interest rate and the value of the currency? 53. Ifa car in Japan costs 500 000 ye…

53. Calculus is used in economics mainly to a. discover total relations between

53.        Calculus is used in economics mainly to a.   discover total relations between one variable and another. b.   gauge how one variable changes in relation to another. c.  …

53. Calculus is used in economics mainly to a. discover total relations between

53.        Calculus is used in economics mainly to a.   discover total relations between one variable and another. b.   gauge how one variable changes in relation to another. c.  …

53. In 1984, the Department of Justice reached an agreement with AT&T that: A) a

53. In 1984, the Department of Justice reached an agreement with AT&T that: A) allowed AT&T to continue to provide local telecommunications service to established customer…

53. In 1984, the Department of Justice reached an agreement with AT&T that: A) a

53. In 1984, the Department of Justice reached an agreement with AT&T that: A) allowed AT&T to continue to provide local telecommunications service to established customer…

53. What is the correct order of passage of the following six Congressional acts

53. What is the correct order of passage of the following six Congressional acts from earliest date to latest date? [Except for these two, you should know what the acronyms stand …

53. What is the most important characteristic of oligopoly? a. firms have market

53. What is the most important characteristic of oligopoly? a. firms have market power b. product differentiation c. barriers to entry d. mutual interdependence e. none of the abo…

54 please? 54. Figure: Fiscal Policy Options LRAS Price level SRAS AD\" AD Real

54 please? 54. Figure: Fiscal Policy Options LRAS Price level SRAS AD" AD Real GDP (Figure: Fiscal Policy Options) If the aggregate demand curve is AD 0 the economy is in long run…

54-28. The Bureau of Labor Statistics defines a person as unemployed if he or sh

54-28. The Bureau of Labor Statistics defines a person as unemployed if he or she does no a. work full-time. b. have a job but is actively seeking one c. eam a wage above the mini…

54. During the Great Depression, the Federal Reserve Board: prevented many bank

54. During the Great Depression, the Federal Reserve Board: prevented many bank failures. failed to act as a lender of last resort. failed to clear checks adequately. began operat…

54. In 1984, the Department of Justice reached an agreement with AT&T that: A) b

54. In 1984, the Department of Justice reached an agreement with AT&T that: A) broke down most of the barriers to entry into the telecommunications industry. B) allowed the so…

54. In 1984, the Department of Justice reached an agreement with AT&T that: A) b

54. In 1984, the Department of Justice reached an agreement with AT&T that: A) broke down most of the barriers to entry into the telecommunications industry. B) allowed the so…

54. The percentage change in quantity demanded divided by the percentage change

54. The percentage change in quantity demanded divided by the percentage change in income, all other things unchanged, is: a) price elasticity of demand. b) quantity elasticity of…

55. (Problem 13b) The economy is in short-run macroeconomic equilibrium at point

55. (Problem 13b) The economy is in short-run macroeconomic equilibrium at point E1 in the accompanying diagram. To bring the economy back to long-run equilibrium the government c…

55. Because of bad weather, there is a decrease in the supply of broccoli. (In o

55. Because of bad weather, there is a decrease in the supply of broccoli. (In other words, the supply curve for broccoli shifts to the left.) What will happen to the equilibrium …

55. Several politicians have proposed a \"guzzler\" tax that would be added to t

55. Several politicians have proposed a "guzzler" tax that would be added to the cost of few miles per gallon vehicles. If enacted, this tax would most likely A. Increase U.S depe…

55. The study of how the allocation of resources affects economic well-being is

55. The study of how the allocation of resources affects economic well-being is called welfare economics. We have learned that markets are usually a good way to organize economic …

56) Which of the following statements is correct about the demand curve of the p

56) Which of the following statements is correct about the demand curve of the perfectly competitive 56) industry? A) The market demand curve of the perfectly competitive industry…

56. At the current level of output for Nobuhiko Corporation, marginal cost is eq

56. At the current level of output for Nobuhiko Corporation, marginal cost is equal to average total This means that a. average total cost is increasing. b. average total cost is …

56. Goods with many close substitutes tend to have a. more elastic demands. b. l

56. Goods with many close substitutes tend to have a. more elastic demands. b. less elastic demands. C. price elasticities of demand that are unit elastic. d. income elasticities …

56. Linear models have had successes and failures in the “real world.” They a. w

56. Linear models have had successes and failures in the “real world.” They a.   were able to successfully predict inputs and outputs in the Soviet economy. b.   were used to pred…

56. Market power in the United States was often gained in the latter part of the

56. Market power in the United States was often gained in the latter part of the nineteenth century by: A) forming trusts. B) the growth of competition. C) international arrangeme…

56. One economic advantage of a large share of exports in GDP is that countries

56. One economic advantage of a large share of exports in GDP is that countries Select one: a. can maintain lower rates of unemployment. b. can purchase the imports they need. c. …

56. The aggregate supply curve a. is irelevant for determining macroeconomic equ

56. The aggregate supply curve a. is irelevant for determining macroeconomic equilibrium. b. shows the various amounts of real output that the cconomy will produce of a particular…

56. The international division structure A. is usually adopted before a firm beg

56. The international division structure A. is usually adopted before a firm begins expanding into international markets. B. usually has the international division reporting to th…

56. The market price is Pfe. The consumer surplus is the region A. CEB B. PmPfeE

56. The market price is Pfe. The consumer surplus is the region A. CEB B. PmPfeEC C. ACPm D. ABPfe E. QmCPmO 86. What is the price index for the base year? A. 112.5 B. 125 C. 100 …

56. The transaction demand for money is A. negatively related to income. B. unre

56. The transaction demand for money is A. negatively related to income. B. unrelated to the interest rate. positively related to interest rate. D. negatively related to interest …

56.A change in the price level causes a a. Shift in b. Movement along c. Tilting

56.A change in the price level causes a a. Shift in b. Movement along c. Tilting of d. Curvature in the aggregate demand 57.Expectations, changes in governmental policies, and cha…

567)662 MINDTAP Homework (Ch 15) 6 Due Tomorrow an 7 PM PST 1. Sources of monopo

567)662 MINDTAP Homework (Ch 15) 6 Due Tomorrow an 7 PM PST 1. Sources of monopoly power A monopolist, unlike a competitive firm, has some market power. It can raise its price, wi…

57) According to the interest-rate-based transmission mechanism for 57) monetary

57) According to the interest-rate-based transmission mechanism for 57) monetary policy, an increase in the money supply will cause the rise and leading to an increase in aggregat…

57. The demand for borrowed funds is a. directly related to the interest rate. b

57. The demand for borrowed funds is a. directly related to the interest rate. b. inversely related to the growth in gross domestic product. c. a derived demand. d. leads to deriv…

57. There is no general theory of oligopoly because a. barriers to entry are mod

57. There is no general theory of oligopoly because a. barriers to entry are moderate to high in an oligopoly market. b. oligopolists must take the potential reactions of rival fi…

57. Value Chain; Multiple Industries Generally, the value chains involved in pro

57. Value Chain; Multiple Industries Generally, the value chains involved in providing a given product or service can be from multiple industries that can be interconnected in com…

58. As the number of firms change in an oligopoly mariet, what will it become? A

58. As the number of firms change in an oligopoly mariet, what will it become? As the number of firms increases, the market approaches a monopoly market a. As the number of firms …

58. As the price level decreases, other things being equal, a. Aggregated demand

58. As the price level decreases, other things being equal,             a. Aggregated demand increases             b. the quantity of real gross domestic product demanded increase…

59 S9 Employment Milions Employment (Millions) Employment (Millions Assumotors (

59 S9 Employment Milions Employment (Millions) Employment (Millions Assumotors (n ?" labor force comprises 9 milion men and 9 milion women werkers (2, the economy has 3 occupation…

59) Academic book publishers hire editors, designers, and production and mar¬ket

59) Academic book publishers hire editors, designers, and production and mar¬keting managers who help prepare books for publication. Because these em¬ployees work on several books…

59. If your purchases of shoes decrease from 11 pairs per year to 9 pairs per ye

59. If your purchases of shoes decrease from 11 pairs per year to 9 pairs per year when your income increases from $19,000 to $21,000 a year, then, for you, shoes are considered a…

59. Some stores offer a rent-to-own plan. The customer makes a down payment, rec

59. Some stores offer a rent-to-own plan. The customer makes a down payment, receives the merchandise at time of purchase, and makes monthly payments. The sum of the monthly payme…

59. When time preference rises, we do not expect to see: a. consumption goods pr

59. When time preference rises, we do not expect to see: a. consumption goods prices fall. b. us wanting more current consumption. c. us saving less. d. interest rates rise. e. No…

59. When time preference rises, we do not expect to see: a. consumption goods pr

59. When time preference rises, we do not expect to see: a. consumption goods prices fall. b. us wanting more current consumption. c. us saving less. d. interest rates rise. e. No…

591_1&course; sted.cuny.edu/webapps/assessment/take/launchjsp?course assessment

591_1&course; sted.cuny.edu/webapps/assessment/take/launchjsp?course assessment id-. 1087 Remaining Time: 2 hours, 20 minutes, 34 seconds. Question Completion Status: . QUESTI…

5A. In mid-February 2008, President Bush and Congress approved a $168 billion st

5A. In mid-February 2008, President Bush and Congress approved a $168 billion stimulus package that will provide tax rebates to all taxpayers, that is to those who file their tax …

5Pd, and the market supply curve is given by Qd 35Ps. of price controls. price c

5Pd, and the market supply curve is given by Qd 35Ps. of price controls. price ceiling of this magnitude? What is the size of the shortage created by the price ceiling? is the net…

5The payments to the factors of production are: wages. rent. rent and interest.

5The payments to the factors of production are: wages. rent. rent and interest. wages, rent, interest, and profits. 6Over time Americans have chosen to cook less at home and dine …

5When the government\'s budget deficit increases a. the government is borrowing

5When the government's budget deficit increases a. the government is borrowing less and public savings falls. b. the government is borrowing less and public savings increases. c. …

5Which of the following is not a characteristic of an oligopolistic industry? Su

5Which of the following is not a characteristic of an oligopolistic industry? Substantial barriers to entry. The output produced by the firms in the industry may be homogeneous or…

5a. Congratulations, you’ve just purchased your first home for $360,000! Your 30

5a. Congratulations, you’ve just purchased your first home for $360,000! Your 30 year mortgage is $300,000. Your annual mortgage payments are $24,000. What interest rate is the ba…