Economics

An example of human capital is the purchase of a computer to help accountants Tr

An example of human capital is the purchase of a computer to help accountants True False Question 2 4 pts Which of the following is a reason that some economists do not agree with…

An example of price discrimination is when A. movie theaters do not allow childr

An example of price discrimination is when A. movie theaters do not allow children into R-rated movies without a parent or guardian. B. you can purchase a new PC for half the pric…

An example of structural unemployment caused by a change in tastes and preferenc

An example of structural unemployment caused by a change in tastes and preferences is A) newspaper journalists B) administrative assistants C) lifeguards D) steelworkers during re…

An excess returns regression of the fund against ASX200 index yields the followi

An excess returns regression of the fund against ASX200 index yields the following results: 12% 10 27% 15 20 296 |1.3 | 1.95% | 1.25% | 8% 1 0.8 0.35 0.85 3% ASX 200 11 60 monthly…

An exchange rate can be maintained only as long as A. None of the above B. The c

An exchange rate can be maintained only as long as A. None of the above B. The country's government increases debt financing C. The country's central bank reserves are available t…

An exchange rate of euro in terms of the U.S. dollar that is greater than the eq

An exchange rate of euro in terms of the U.S. dollar that is greater than the equilibrium one brings about the following effects: Traders will start selling bonds denominated in e…

An executive from a large merchandising firm has called your vice president for

An executive from a large merchandising firm has called your vice president for production to get a price quote for an additional 100 units of a given product. The vice president …

An executive-search firm has shown that job search time and higher salaries are

An executive-search firm has shown that job search time and higher salaries are directly correlated. They have shown that for every $10,000 of additional compensation the search w…

An existing assembly line utilizes 30 laborers and six maintenance technicians.

An existing assembly line utilizes 30 laborers and six maintenance technicians. You are considering the following two upgrade options regarding this assembly operation. For each o…

An expansionary monetary policy by the Fed would tend to: Lower the U.S. inflati

An expansionary monetary policy by the Fed would tend to: Lower the U.S. inflation rate, make exports more expensive,make imports cheaper, and lower the value of the dollar. Lower…

An expansionary monetary policy by the Fed would tend to: Lower the U.S. inflati

An expansionary monetary policy by the Fed would tend to: Lower the U.S. inflation rate, make exports more expensive,make imports cheaper, and lower the value of the dollar. Lower…

An expansionary monetary policy is less likely to be effective if: Question 22 o

An expansionary monetary policy is less likely to be effective if: Question 22 options: a)The budget deficit increases b)The yield curve becomes inverted. c)The majority of a tax …

An explanation for the slope of the IS curve is that as the interest rate increa

An explanation for the slope of the IS curve is that as the interest rate increases, the quantity of investment and this shifts the expenditure function thereby decreasing income.…

An export subsidy has the opposite effect on terms of trade to the effect of an

An export subsidy has the opposite effect on terms of trade to the effect of an import tariff. Domestically a tariff will raise the price of the import good, deteriorating the dom…

An extenality O A. O B. O c. refers to a benefit or cost of an economic activity

An extenality O A. O B. O c. refers to a benefit or cost of an economic activity that affects someone who is not directly associated with it. interferes with the economic efficien…

An illegal monopoly must be selling a product that has no close(l0) . This will

An illegal monopoly must be selling a product that has no close(l0) . This will make his demand curve very (11)___________ There must also be (12)_____________to keep out competit…

An import quota: increases the domestic price of the imported commodity reduces

An import quota: increases the domestic price of the imported commodity reduces domestic consumption increase domestic production all of the above The infart-industry argument for…

An import tariff will producer surplus, consumer surplus, government revenue, an

An import tariff will producer surplus, consumer surplus, government revenue, and overall domestic national welfare. A)increase; decrease; increase; have an ambiguous effect on B)…

An import tariff will producer surplus, consumer surplus, government revenue, an

An import tariff will producer surplus, consumer surplus, government revenue, and overall domestic national welfare. increase; decrease; increase; have an ambiguous effect on incr…

An important reason that the quantity theory of money is less popular today is t

An important reason that the quantity theory of money is less popular today is that: Question 31 money growth and inflation are no longer closely related. the quantity of money is…

An impoverished 69-year-old man is diagnosed with cancer of the pancreas. There

An impoverished 69-year-old man is diagnosed with cancer of the pancreas. There is no hope for cure, but radiation and chemotherapy, which could cost more than $150,000, may exten…

An increase in U.S. interest rates can be expected to: adversely affect U.S. exp

An increase in U.S. interest rates can be expected to: adversely affect U.S. exporters. encourage investment spending by U.S. firms. lower the foreign exchange value of the dollar…

An increase in a consumer’s income: shifts the consumer’s indifference curves aw

An increase in a consumer’s income: shifts the consumer’s indifference curves away from the origin. causes the consumer to strictly buy more of every good. shifts the consumer’s b…

An increase in aggregate demand is most likely to be caused by a decrease in (Po

An increase in aggregate demand is most likely to be caused by a decrease in (Points : 4) the wealth of consumers. consumer and business confidence. expected returns on investment…

An increase in aggregate demand is most likely to be caused by a decrease in (Po

An increase in aggregate demand is most likely to be caused by a decrease in (Points : 4) the wealth of consumers. consumer and business confidence. expected returns on investment…

An increase in aggregate demand is seen as a(n) the aggregate demand curve. shif

An increase in aggregate demand is seen as a(n) the aggregate demand curve. shift to the right in downward movement along upward movement along shift to the left in0 If government…

An increase in business taxes is assumed to increase aggregate supply, causing t

An increase in business taxes is assumed to increase aggregate supply, causing the AS curve to shift to its right. M_1, which is one of the measures of money supply, includes curr…

An increase in capital goods and a decrease in consumer goods will: A) eventuall

An increase in capital goods and a decrease in consumer goods will: A) eventually lead to a shift to the right of the production possibilities curve. B) increase a nation's capaci…

An increase in credit card fees causes people to use credit cards less often for

An increase in credit card fees causes people to use credit cards less often for transactions and demand more money. (a) Using a correctly labeled graph of the money market, show …

An increase in demand for lumber has caused an increase in its equilibrium price

An increase in demand for lumber has caused an increase in its equilibrium price. Choose all that apply. As a result of the higher price of lumber, the supply of lumber will incre…

An increase in government purchases of $200 billion will shift the aggregate dem

An increase in government purchases of $200 billion will shift the aggregate demand curse to the right by $200 billion. less than $200 billion. more than $200 billion. This policy…

An increase in individual income taxes, ceteris paribus: a Raises aggregate expe

An increase in individual income taxes, ceteris paribus: a Raises aggregate expenditure by raising disposable income, thereby increasing consumption b Has no effect on aggregate e…

An increase in insurance coverage would result in higher sales and higher prices

An increase in insurance coverage would result in higher sales and higher prices. True or False. A subsidy for insurance coverage provided by an employer will have no effect on eq…

An increase in interest rates A) Decreases investment spending on machinery, equ

An increase in interest rates A) Decreases investment spending on machinery, equipment and factories, but increases consumption spending on durable goods and net exports B) Decrea…

An increase in interest rates affects aggregate demand by A. shifting the aggreg

An increase in interest rates affects aggregate demand by A. shifting the aggregate supply curve to the left, decreasing real GDP and increasing the price level. B. shifting the a…

An increase in money supply wil result in a liquidity trap if: A-the preference

An increase in money supply wil result in a liquidity trap if: A-the preference for liquidity is reduced B-there's an increase in the demand for bonds in the same proportion C-the…

An increase in potential GDP results from. A decrease in potential GDP results f

An increase in potential GDP results from. A decrease in potential GDP results from. events, 3 and 4; even 5 event 3; event 1 events 4 and 5; events 1 and 3 events 4; event 5 even…

An increase in price of inputs would be represented by a movement from A) B to A

An increase in price of inputs would be represented by a movement from A) B to A. B) S_2 to S_1. C) S_1 to S_2. D) A to B. 44) An increase in the number of firms in the market wou…

An increase in production costs is most likely to shift the: A. short-run aggreg

An increase in production costs is most likely to shift the: A. short-run aggregate supply curve up (to the left). B. short-run aggregate supply curve down (to the right). C. aggr…

An increase in rent that leads to increased profitability of producing rental ho

An increase in rent that leads to increased profitability of producing rental housing will lead to which of the following shifts in the long run? Select one: a. DD to D1D1 b. D1D1…

An increase in taxes shifts the IS curve. drawn with income along the horizontal

An increase in taxes shifts the IS curve. drawn with income along the horizontal axis and the interest rate along the vertical axis: A) downward and to the left. B upward and to t…

An increase in the U.S. demand for foreign exchange will cause a(n) Answer incre

An increase in the U.S. demand for foreign exchange will cause a(n) Answer increase in the price of foreign exchange, which is a depreciation of the U.S. dollar, making foreign go…

An increase in the budget surplus raises act exports and raises act exports and

An increase in the budget surplus raises act exports and raises act exports and reference the initial effect of an increase in the budget deficit in the loanable funds market is i…

An increase in the costs of resources or inputs of productionwould shift the: A)

An increase in the costs of resources or inputs of productionwould shift the: A)long-run aggregate supply curve rightward.B)short-run aggregate supply curve rightward. C)short-run…

An increase in the demand for a product will cause output to a. increase and bot

An increase in the demand for a product will cause output to a. increase and both the demand for and prices of the resources used to produce the product to increase. b. increase a…

An increase in the demand for autoworkers may come about because of all of the f

An increase in the demand for autoworkers may come about because of all of the following EXCEPT a(n): decrease in the market wage rate. increase in the price of cars. increase in …

An increase in the demand for lobster due to changes in consumer tastes, accompa

An increase in the demand for lobster due to changes in consumer tastes, accompanied by a decrease in the supply of lobster as a result bad weather reducing the number of fisherme…

An increase in the discount rate of the Federal Reserve: Motivates banks to be m

An increase in the discount rate of the Federal Reserve: Motivates banks to be more conservative in lending. Encourage more aggressive lending by banks. Tends to lower the interes…

An increase in the domestic one-year interest rate expected to occur in, say, tw

An increase in the domestic one-year interest rate expected to occur in, say, two years will, all else fixed, have which of the following effects in a flexible exchange rate regim…

An increase in the expected exchange rate of euro in terms of the U.S. dollar wo

An increase in the expected exchange rate of euro in terms of the U.S. dollar would bring about the following effects: Traders will start selling bonds denominated in euros and bu…