Economics

Choose one of the following essay questions and respond in 2-3 paragraphs. Point

Choose one of the following essay questions and respond in 2-3 paragraphs. Points will be allocated as follows: 7.5 points for accuracy; 7.5 points for depth; 5 points for profess…

Choose one of the four questions presented in the \"critical thinking\" section

Choose one of the four questions presented in the "critical thinking" section on page 87 of the textbook. Present your answers in an essay format with professional writing and wel…

Choose one question to answer out of the 3. *2. Chinese demand for oil, iron ore

Choose one question to answer out of the 3. *2. Chinese demand for oil, iron ore and a wide range of raw materials is increasing rapidly. The amount of such materials of course is…

Choose the Correct Answer 1. An inferior good is one for which an increase in in

Choose the Correct Answer 1. An inferior good is one for which an increase in income causes a(n) a. Decrease in demand b. Increase in supply c. Decrease in supply d. Increase in d…

Choose the Correct Answer 1. Suppose it is announced that industry analysts are

Choose the Correct Answer 1. Suppose it is announced that industry analysts are predicting that decreased oil supplies from Iraq will cause gasoline prices to rise, beginning next…

Choose the Correct Answer 6. The wealthy nations of the world would have a. the

Choose the Correct Answer 6. The wealthy nations of the world would have        a. the largest population        b. more supplies of natural resources        c. more supplies of c…

Choose the answer from Highlighted below: 1a.Assuming that money market equilibr

Choose the answer from Highlighted below: 1a.Assuming that money market equilibrium always exists, if the national price level P increases by 5%, and real money demand L increases…

Choose the answer frpm the highlighted below: 1a.Regarding purchasing power pari

Choose the answer frpm the highlighted below: 1a.Regarding purchasing power parity (PPP) concepts, if absolute PPP is true then relative PPP must also be true. if absolute PPP is …

Choose the answers that makes the passage below correct. Inflation is often meas

Choose the answers that makes the passage below correct. Inflation is often measured by evaluating changes in the cost of a fixed basket of goods and services. This method inflati…

Choose the best answer and fill in the corresponding oval on your scantron. Chan

Choose the best answer and fill in the corresponding oval on your scantron. Changes in which of the following items will shift the supply curve of hamburgers? An increase in the p…

Choose the best definition of the median voter theorem. The outcome of an electi

Choose the best definition of the median voter theorem. The outcome of an election is unchanged by the median voter. Under certain assumptions, the outcome of many associated choi…

Choose the best statement. A. A subsidy to peanut growers lowers peanut growers\

Choose the best statement. A. A subsidy to peanut growers lowers peanut growers' costs, lowers the market price of peanuts, and increases the demand for peanuts OB. For a support …

Choose the correct answer and provide an explanation. 2 correct answer + 3 expla

Choose the correct answer and provide an explanation. 2 correct answer + 3 explanation Suppose drug companies come out with new wonder-drugs capable of curing the common cold. Wha…

Choose the correct answer and provide an explanation. 2 correct answer + 3 expla

Choose the correct answer and provide an explanation. 2 correct answer + 3 explanation Suppose drug companies come out with new wonder-drugs capable of curing the common cold. Wha…

Choose the correct answer for each of the following questions. 1. The aggregate

Choose the correct answer for each of the following questions. 1. The aggregate demand curve is a. Upward sloping. b. Vertically sloped. c. Downward sloping. d. Horizontally slope…

Choose the correct answer for each of the following questions: 1. In the short r

Choose the correct answer for each of the following questions: 1. In the short run an expansionary monetary policy affects A. The interest rate. B. Real output. C. The price level…

Choose the correct answer from the brackets: A) The demand for money is mainly i

Choose the correct answer from the brackets: A)The demand for money is mainly influenced by three variables: r (the short-term interest rate), Y (real GDP), and P (the aggregate P…

Choose the correct answer of the following 1. The resources wasted when inflatio

Choose the correct answer of the following 1.The resources wasted when inflation encourages people to reduce their money holdings is called: a. Menu costs. b. Misallocation of res…

Choose the correct answer of the following 1. When the Fed adds more money to th

Choose the correct answer of the following 1. When the Fed adds more money to the economy, the Money Supply curve shifts to the ________, causing the equilibrium price level to __…

Choose the correct answer of the following 1. Which of the following would refle

Choose the correct answer of the following 1. Which of the following would reflect the transactions demand for money? a.Keeping money under your mattress in case of emergency. b. …

Choose the correct answer of the following: 1- The law of demand states that an

Choose the correct answer of the following: 1- The law of demand states that an increase in the price of a good a. Decreases the demand for the good b. Increases the supply of the…

Choose the correct answer of the following: 1. Because money growth and inflatio

Choose the correct answer of the following: 1.Because money growth and inflation move together: a. Avoiding high inflation means avoiding low money growth. b. To avoid sustained i…

Choose the correct answer: A) The Federal Reserve System: is the organization wh

Choose the correct answer: A)The Federal Reserve System: is the organization which insures deposits in banks and savings and loan associations. is composed of seven regional banks…

Choose the correct answer: Aa Aa 1. Conditions for price discrimination Price di

Choose the correct answer: Aa Aa 1. Conditions for price discrimination Price discrimination is the practice of selling the same good at more than one price when the price differe…

Choose the correct answer: Aa Aa 6. Sources of market power Consider the market

Choose the correct answer: Aa Aa 6. Sources of market power Consider the market for radio stations. At the national level, the Federal Communications Commission (FCC) only license…

Choose the correct choice from the following: 1·The national debt is equal to: A

Choose the correct choice from the following: 1·The national debt is equal to: A) public debt not held by foreignens B) all prior business debt C)The sum of all prior years' defic…

Choose the correct choice from the following: 1·The national debt is equal to: A

Choose the correct choice from the following: 1·The national debt is equal to: A) public debt not held by foreignens B) all prior business debt C)The sum of all prior years' defic…

Choose the correct statement 0 A. Money income equals market income plus cash pa

Choose the correct statement 0 A. Money income equals market income plus cash payments to households by governments. 0 B. Money income equals market income plus inheritances. ° C.…

Choose the correct statement. 1. Economic freedom requires free markets. 2. The

Choose the correct statement. 1. Economic freedom requires free markets. 2. The most basic precondition for economic growth is an appropriate incentive system. 3. Population growt…

Choose the correct statement. A. Aggregate supply and the quantity of real GDP s

Choose the correct statement. A. Aggregate supply and the quantity of real GDP supplied are two ways of expressing the same concept. B. Aggregate supply is the relationship betwee…

Choose the correct statements. 1. Foreign currency is always in the form of note

Choose the correct statements. 1. Foreign currency is always in the form of notes or coins. 2. The foreign exchange market is the market in which the currency of one country is ex…

Choose the correct word to complete each of the three sentences: 1. The emergenc

Choose the correct word to complete each of the three sentences: 1. The emergence of a new nearly perfect substitute would a) "not enough information", b) "increase", or c) "decre…

Choose the correct word to complete each of the three sentences: The emergence o

Choose the correct word to complete each of the three sentences: The emergence of a new nearly perfect substitute would (SELECT THE CORRECT WORD) a) "not enough information", b) "…

Choose the country you would like to research: Canada U.S.A. Any other country i

Choose the country you would like to research: Canada U.S.A. Any other country in which you have a particular interest. In your essay, you will consider and address the following …

Choose the most correct answer for each question. Each question is worth 1/2 poi

Choose the most correct answer for each question. Each question is worth 1/2 point. 1. A firm can use 5 workers and 10 machines, 7 workers and 9 machines, or 8 workers and 9 machi…

Choose the most correct answer for each question. Each question is worth 1/2 poi

Choose the most correct answer for each question. Each question is worth 1/2 point. 1. Implicit and explicit revenues minus implicit and explicit costs equals: A. accounting profi…

Choose the most correct answer from the following multiple choice questions and

Choose the most correct answer from the following multiple choice questions and write only the alphabet next to the question number. E.g. 1.20. A 1.1 Economics concerns itself wit…

Choose the statement that is an example of a positive statement. O A. We should

Choose the statement that is an example of a positive statement. O A. We should increase border patrols along the U.S.-Canada border. OB. We should drive our cars less and use pub…

Choose the statement that is incorrect A. The median voter theory explans why so

Choose the statement that is incorrect A. The median voter theory explans why some contes have more redshbubon than others and why redsttuton has ncreased orthe past200yeas OB· ln…

Choose the statement that is incorrect O A. If the only consequence of increased

Choose the statement that is incorrect O A. If the only consequence of increased government expenditure is crowding-out of investment, the government expendiftuare multiplier is l…

Choose the statement that is incorrect. 0 A. The median voter theory is the theo

Choose the statement that is incorrect. 0 A. The median voter theory is the theory that governments pursue policies that make the median voter as well O B. A political party that …

Choose the statement that is incorrect. A) A financial institution\'s net worth

Choose the statement that is incorrect. A) A financial institution's net worth is the market value of what it has lent minus the market value of what it has borrowed. B) If a fina…

Choose the statements concerning neoclassical growth theory that are true. 1. Te

Choose the statements concerning neoclassical growth theory that are true. 1. Technological change results from chance. 2. Neoclassical growth theory is the proposition that real …

Choose the statenent that is incorrect Economic freedom that establishes propert

Choose the statenent that is incorrect Economic freedom that establishes property rights and markets creates incentives for people to expand their human capital, and to discover a…

Choose the staternent that is incorrect. O A. Changes in consumption expenditure

Choose the staternent that is incorrect. O A. Changes in consumption expenditure change aggregate demand, but with no change in the money wage rate O B. An increase in business in…

Choose the true statement regarding money demand: money demand is determined by

Choose the true statement regarding money demand: money demand is determined by the fed. What is the annual coupon payment of a bond with a face value of $1000 and an annual inter…

Choose whether each statement is true. false, or uncertain. and explain your cho

Choose whether each statement is true. false, or uncertain. and explain your choice. lf a production function has a positive marginal product for all factors of production, then t…

Choosing a Communication Medium Introduction: Many companies are using computer

Choosing a Communication Medium Introduction: Many companies are using computer mediated communication for training and updating their employees. They must choose the most effecti…

Chose the best answer: Median length of stay was 1.1 days shorter when a hospita

Chose the best answer: Median length of stay was 1.1 days shorter when a hospitalist cared for a Medicare patient. Median cost per case was $853 less (excluding physican fees). Th…

Chose the correct answer: A) If the Fed buys U.S. government securities, bank re

Chose the correct answer: A)If the Fed buys U.S. government securities, bank reserves will decrease. the interest rate will rise. the discount rate will rise. the quantity of mone…