Economics

1) Corporate social responsibility involves managerial decision making that cons

1) Corporate social responsibility involves managerial decision making that considers what three impacts? A) Environmental, legal, and financial. B) Educational, environmental, an…

1) Create your own ranking (from 1 to 17) of the UN sustainable development goal

1) Create your own ranking (from 1 to 17) of the UN sustainable development goals based on your own personal perception of their importance. http://www.undp.org/content/undp/en/ho…

1) Crowding out occurs when a) expansionary fiscal policy dampens spending in th

1) Crowding out occurs when a) expansionary fiscal policy dampens spending in the private sector. b) contractionary fiscal policy results in a higher price level. c) contractionar…

1) Dave currently earns a salary of $1,800 per week as an economics instructor.

1) Dave currently earns a salary of $1,800 per week as an economics instructor. His next best career would have been an assistant manager at Nittany Burger, where he would have ea…

1) Decisions by individuals to build human capital through educational investmen

1) Decisions by individuals to build human capital through educational investments depend upon: a) b) c) d) All of the above are correct. 2) Lightsabers are the primary weapon use…

1) Define the current state of our economic health in the United States . You sh

1) Define the current state of our economic health in the United States. You should include statistics (inflation, unemployment, and GDP) to confirm the direction. 2) Explain who …

1) Demand and supply analysis. How do each of the followingaffected the world pr

1) Demand and supply analysis. How do each of the followingaffected the world price of oil?     a) Tax credits were offered forexpenditures on home insulation     b) The Alaskan o…

1) Describe how the Bureau of Labor Statistics (BLS) measures unemployment. 2) E

1) Describe how the Bureau of Labor Statistics (BLS) measures unemployment. 2) Evaluate strengths and limitations of BLS unemployment statistics. 3) What are the causes of frictio…

1) Determine the amount of producer surplus generated in each of the following s

1) Determine the amount of producer surplus generated in each of the following situations. a. Gordon lists his old Lionel electric trains on eBay. He sets a minimum acceptable pri…

1) Determine whether each of the following would be included in GDP, and explain

1) Determine whether each of the following would be included in GDP, and explain why or why not. a) You buy a used CD from a friend. b) You buy a new CD at a music shop. c) You co…

1) Discouraged workers Which of the following statements correctly describe disc

1) Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that …

1) Discuss the characteristics of a perfect competitive industry in which real-l

1) Discuss the characteristics of a perfect competitive industry in which real-life industries come closest to this type of market structure. 2) If all firms will only earn normal…

1) Discuss urbanites forgoing car ownership and using Uber as a more manageable

1) Discuss urbanites forgoing car ownership and using Uber as a more manageable form of transportation? 2) This week I would like for you to research an entrepreneur. It can be so…

1) Does the goal of full employment imply zero unemployment? If not, what types

1) Does the goal of full employment imply zero unemployment? If not, what types of unemployment would you expect to be present if the economy is at full employment? 2) Why is pric…

1) Due to a recession that lowered incomes, the 2008 market prices for last-minu

1) Due to a recession that lowered incomes, the 2008 market prices for last-minute rentals of U.S. beachfront properties were lower than usual. Suppose that the inverse demand fun…

1) Earnings sensitivity analysis involves: 2) If a bank has a negative duration

1) Earnings sensitivity analysis involves: 2) If a bank has a negative duration gap, the value of its equity is expected to: 3) Economic value of equity sensitivity analysis: 4) D…

1) Economic growth is measured by A) changes in real GDP B) changes in nominal G

1) Economic growth is measured by A) changes in real GDP B) changes in nominal GDP C) changes in the employment rate. D) All of the above are used to measure economic growth. 2) I…

1) Economic growth was stimulated by suburbanization in the 15 years following W

1) Economic growth was stimulated by suburbanization in the 15 years following World War II. from the mid 1960s to the mid 1970s. after the Persian Gulf War. in the first five yea…

1) Economic theory suggests that market failure is a result of: a) the quantity

1) Economic theory suggests that market failure is a result of: a) the quantity demanded exceeding the quantity supplied b) the quantity supplied exceeding the quantity demanded c…

1) Economists assume that the goal of consumers is to A) do as little work as po

1) Economists assume that the goal of consumers is to A) do as little work as possible to survive. C) make themselves as well off as possible. B) expend all their income. D) consu…

1) Effective strategies for managing group conflict include? (A) suppressing dis

1) Effective strategies for managing group conflict include? (A) suppressing disagreement with others' ideas or opinions. (B) offering but not accepting constructive criticism. (C…

1) Engaging in international trade has all of the following effects except: a) a

1) Engaging in international trade has all of the following effects except: a) altering prices in different countries b) influencing labor markets in different countries c) increa…

1) Expansionary monetary policy a) Decreases private investment. b) Increases ag

1) Expansionary monetary policy a) Decreases private investment. b) Increases aggregate demand. c) a and b. d) None is correct. 2) Which of the following is true? a) To tackle inf…

1) Explain how political obstacles (lack of skilled officials, instability, corr

1) Explain how political obstacles (lack of skilled officials, instability, corruption, and constaints by special interest groups) and cultural obstacles (cultural attitudes that …

1) Explain the difference between consumption possibilities and production possi

1) Explain the difference between consumption possibilities and production possibilities. How it is possible for a country to consume a greater quantity of goods and services than…

1) Explain why the Aggregate Supply curve becomes increasingly steeply sloped at

1) Explain why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP near "full employment" and becomes especially steeply sloped beyond "full employmen…

1) Find the IRR of the difference between the base alternative and the second -c

1) Find the IRR of the difference between the base alternative and the second-choice alternative. 2) Find the IRR of the difference between the base alternative and the THIRD-choi…

1) Find the present value of the following investment. I loan mybrother money so

1) Find the present value of the following investment. I loan mybrother money so he can buy a corner gas station. At the end ofyear three he will re-pay $4,000 which will increase…

1) Firms often use patent rights as a: 1) A) barrier to entry. B) barrier to exi

1) Firms often use patent rights as a: 1) A) barrier to entry. B) barrier to exit C) way to achieve perfect competition. D) none of the above Cost vei dellars por yean Figure 8.3.…

1) Firms that produce numerous products with diverse marketing mixes designed to

1)Firms that produce numerous products with diverse marketing mixes designed to satisfy segments of the total market are said to practice a. strategic marketing. b. undifferentiat…

1) First blank the option are ( the same as, below or above) 2) Secound blank (

1) First blank the option are ( the same as, below or above) 2) Secound blank ( 30, 90, & 60) 3) Thred blank the options are ($15, $20, $25 & $30) 4) Four blank the option…

1) Fiscal and monetary policy are conducted by _____ people to attain ______ goa

1) Fiscal and monetary policy are conducted by _____ people to attain ______ goals. A) the same; the same B) different; different C) the same; different D) different; the same 2)T…

1) Fiscal policy refers to government ___ and ___ policies. a economic and defen

1) Fiscal policy refers to government ___ and ___ policies. a economic and defense b spending and taxation c spending and social d defense and foreign 2) Contractionary fiscal pol…

1) For a firm that is a price taker in the product market, all of the following

1) For a firm that is a price taker in the product market, all of the following are true except one. Which one is the exception? Marginal revenue product can be found by multiplyi…

1) For a monopoly earning positive economic profits at the profit-maximizing out

1) For a monopoly earning positive economic profits at the profit-maximizing output level, all of the following are true EXCEPT A) P > MR. B) P = MR. C) P > ATC. D) P > M…

1) For a perfect price discriminator, the MR curve ____. A) is vertical B) is ho

1) For a perfect price discriminator, the MR curve ____.    A) is vertical    B) is horizontal    C) lies above the demand curve    D) is the same as the demand curve    E) Lies b…

1) For all intents and purposes, the Great Depression ended in 1937. 1933. 1945.

1) For all intents and purposes, the Great Depression ended in 1937. 1933. 1945. 1941 2)Modern mixed economies rely on the government as well as the market to effect the distribut…

1) For each of the following goods, state whether it is a normal good, a luxury,

1) For each of the following goods, state whether it is a normal good, a luxury, a necessity, or an inferior good. (Sugar)<?xml:namespace prefix = o ns = "urn:schemas-microsoft…

1) For each of the following statements, identify them as true or false and brie

1) For each of the following statements, identify them as true or false and briefly explain your reasoning. If a firm in a perfectly competitive market receives a price greater th…

1) For each of the transactions listed below, state whether or not it would affe

1) For each of the transactions listed below, state whether or not it would affect U.S. GDP AND state which of the following national income accounting categories it would enter (…

1) For the following cases please explain what happens in the US to the short ru

1) For the following cases please explain what happens in the US to the short run output (i.e. short run fluctuation), real interest rate and inflation using (all of the following…

1) For the following cases please explain what happens in the US to the short ru

1) For the following cases please explain what happens in the US to the short run output (i.e. short run fluctuation), real interest rate and inflation using (all of the following…

1) For the month of March 2014, the U.S. purchased $234 billion of foreign-produ

1) For the month of March 2014, the U.S. purchased $234 billion of foreign-produced goods and services and sold $193 billion of domestically-produced goods and services to foreign…

1) For the perfectly or purely competitive firm, profit maximization occurs at a

1) For the perfectly or purely competitive firm, profit maximization occurs at an output level where: a) P = MC. b) MC = ATC. c) P = AVC. d) P < AVC. 2) For any company operati…

1) For the profit-maximizing firm, price markup is a markup over _______ cost, a

1) For the profit-maximizing firm, price markup is a markup over _______ cost, and the markup depends only on _______. a. marginal, elasticity of demand b. average, elasticity of …

1) For the profit-maximizing firm, price markup is a markup over _______ cost, a

1) For the profit-maximizing firm, price markup is a markup over _______ cost, and the markup depends only on _______. a. marginal, elasticity of demand b. average, elasticity of …

1) For threats or commitments to be effective, they must be a) irrational b)rati

1) For threats or commitments to be effective, they must be a) irrational b)rational c) credible d) None of the above 2) George and KC have been working jobs that pay $20,000 and …

1) Franco Modigliani\'s life-cycle hypothesis puts great emphasis on saving for:

1) Franco Modigliani's life-cycle hypothesis puts great emphasis on saving for: A) a house B) medical emergencies C) retirement D) none of the above 2) According to the theory of …

1) Futons Inc. produces futons using only two inputs – capital (wood, nails, and

1) Futons Inc. produces futons using only two inputs – capital (wood, nails, and hammers) and labor (measured in worker hours) – with a technology characterized by the following f…

1) General Industries, Inc. is a large U.S. conglomerate with operations around

1) General Industries, Inc. is a large U.S. conglomerate with operations around the globe, including Australia, Germany, Korea, and the U.S. Their product lines include industrial…