Economics

1-) (Figure: International Capital Flows) Refer to the information in the figure

1-) (Figure: International Capital Flows) Refer to the information in the figure. At an interest rate of 4%, the quantity of loanable funds supplied by British lenders is ______ t…

1-) (Figure: Short-Run Determination of the Interest Rate) If the money supply i

1-) (Figure: Short-Run Determination of the Interest Rate) If the money supply is at MS1 and the central bank buys bonds, then in the short run the interest rate will:     A. incr…

1-) Deposit insurance: A. is essentially the same as a bank\'s required reserves

1-) Deposit insurance:      A. is essentially the same as a bank's required reserves.      B. provides depositors with assurances that they will receive their deposits even if the…

1-) If a country has a positive balance of payments on the current account, then

1-) If a country has a positive balance of payments on the current account, then it must:      A-) be exporting too much.      B-) be importing too much.      C-) have a surplus o…

1-) Is a monopolist subject to any competitive pressures? Explain. Would an unre

1-) Is a monopolist subject to any competitive pressures? Explain. Would an unregulated monopolist have an incentive to operate and produce efficiently? why or why not? 2-)Are the…

1-) Large income transfers are targeted toward the elderly, famers, and the unem

1-) Large income transfers are targeted toward the elderly, famers, and the unemployed, regardless of their economic condition. Why do you think this is so? Do you think there wou…

1-) Other things equal, if there is an excess demand for money in the money mark

1-) Other things equal, if there is an excess demand for money in the money market, then the interest rate may rise.    A-) True      B-) False 2-) To close a recessionary gap, th…

1-) When long-term interest rates are higher than short-term rates, as they were

1-) When long-term interest rates are higher than short-term rates, as they were in 2010:     A. it implies that short-term interest rates are expected to fall.      B. it has no …

1-) When the demand for money is greater than the supply of money: A. people off

1-) When the demand for money is greater than the supply of money:     A. people offering to sell nonmonetary financial assets must increase the interest rate these assets pay in …

1-) When there is a deficit in the U.S. balance of payments on the current accou

1-) When there is a deficit in the U.S. balance of payments on the current account, we pay for the difference by:     A. allowing the price of currency to rise.      B. allowing t…

1-) Which of the following would be included in the U.S. current account? A. pub

1-) Which of the following would be included in the U.S. current account?     A. public purchases and sales of financial assets      B. trade balance      C. financial account bal…

1-)A profit-maximizing monopolist produces the output level where ______________

1-)A profit-maximizing monopolist produces the output level where ____________________ equals ____________________. 2-)Perfect price discrimination requires an ability to separate…

1-)If inflation is less than expected, wealth is redistributed to ______________

1-)If inflation is less than expected, wealth is redistributed to ____________________. 2-)____________________. costs are the costs of changing prices. When inflation is higher, …

1-1. Stan Moneymaker needs 15 gallons of gasoline to top off his automobile\'s g

1-1. Stan Moneymaker needs 15 gallons of gasoline to top off his automobile's gas tank. If he drives an extra eight miles (round trip) to a gas station on the outskirts of town, S…

1-16. Mr. Deb purchased a new car but met with an accident a few days after the

1-16. Mr. Deb purchased a new car but met with an accident a few days after the purchase. He does not like walking, riding a bike or taking the bus. An automobile agency offers hi…

1-4 Market Efficiency 1. A large firm received a loan guarantee from the governm

1-4 Market Efficiency 1. A large firm received a loan guarantee from the government. Due to the guarantee, the firm can borrow $50 million for five years at 8 percent interest rat…

1-50 unemployment islare always present in a dynamic economy a Seasonal b. Frict

1-50 unemployment islare always present in a dynamic economy a Seasonal b. Frictional c. Structural d. Frictional and structural e. Seasonal, frictional, and structural 22-54. GDP…

1-9. For each of the items below, identify which fund(s) would be used to accoun

1-9. For each of the items below, identify which fund(s) would be used to account a. A city government issued general obligation bonds to finance the con- b. A tax of $1.00 per re…

1-Alan Greenspan,chairman of the fed ,was the leading proponent of the view that

1-Alan Greenspan,chairman of the fed ,was the leading proponent of the view that it is too difficult , and potentialy too harmfull,topop a bubble by raising interest rates..if bub…

1-Andrews Corp. ended the year carrying $114,560,000 worth of inventory. Had the

1-Andrews Corp. ended the year carrying $114,560,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought …

1-Assume that by investing $2000000 in transportation system we can prevent 30 a

1-Assume that by investing $2000000 in transportation system we can prevent 30 accidents per year and save another $100 on annual maintenance cost of vehicals using the system ( 2…

1-Discuss the following: a)Describe how benchmarking and empowerment can be used

1-Discuss the following: a)Describe how benchmarking and empowerment can be used for decision making for TQM (Total Quality Management) and improving services in a fast-food resta…

1-Economics involves marginal analysis because: A. most decisions involve change

1-Economics involves marginal analysis because: A. most decisions involve changes from the present situation. B. marginal benefits always exceed marginal costs. C. marginal costs …

1-Economists recently found that a llYo increase in the price for beer caused th

1-Economists recently found that a llYo increase in the price for beer caused the quantity demanded of wine to increase by 4%. This means that the cross price elasticity of demand…

1-For a firm in a perfectly competitive market: a-marginal revenue equals total

1-For a firm in a perfectly competitive market: a-marginal revenue equals total revenue. b-marginal revenue equals price and average revenue. c-net revenue equals price. d-net rev…

1-Given the following functions: TR\\left(Q\ ight)=-4Q^2+24Q-120 T R ( Q ) = 4 Q

1-Given the following functions: TRleft(Q ight)=-4Q^2+24Q-120 T R ( Q ) = 4 Q 2 + 24 Q 120 TCleft(Q ight)=-3Q^2-24Q+300 T C ( Q ) = 3 Q 2 24 Q + 300 What is the quantity break-eve…

1-How often is GDP reported for the U.S. economy? Select one: a. weekly b. month

1-How often is GDP reported for the U.S. economy? Select one: a. weekly b. monthly c. quarterly d. annually 2-The measure of GDP that has NOT been adjusted for changes in prices i…

1-In the formula for bayes theorem, if the w-probability is greater than zero th

1-In the formula for bayes theorem, if the w-probability is greater than zero then the a-probability is less than the b-probability? True/false 2- Posted offer markets with atleas…

1-In the long-run, in a monopolistically competitive market: A. price equals mar

1-In the long-run, in a monopolistically competitive market: A. price equals marginal cost. B. marginal revenue is greater than average revenue. C. resources are inefficiently all…

1-In the short run, a decrease in investment spending causes output to _________

1-In the short run, a decrease in investment spending causes output to ___________ and the unemployment rate to ___________. a. increase; increase b. increase; decrease c. decreas…

1-Macroeconomics 1-1 According to classical macroeconomic theory, changes in the

1-Macroeconomics 1-1 According to classical macroeconomic theory, changes in the money supply affect a. unemployment and the price level. b. unemployment but not the price level. …

1-Offshoring refers to the the process in which: A. workers of a particular coun

1-Offshoring refers to the the process in which: A. workers of a particular country seek employment in a firm of a foreign country. B. a firm purchases service from another firm i…

1-One of the drawbacks or cons of database marketing is that ________. A. buildi

1-One of the drawbacks or cons of database marketing is that ________. A. building and maintaining a customer database requires computer hardware, software, and a skilled database…

1-One reason that variable factors of production tend to show diminishing return

1-One reason that variable factors of production tend to show diminishing returns in the short run is that: -large firms cannot effectively manage their resources. -the cost of em…

1-Overfishing along the coastline of Helsking village led the government to impo

1-Overfishing along the coastline of Helsking village led the government to impose a fee on the boats used for fishing. The fishermen were charged $50 on each boat they sent out f…

1-Pick a specific item of clothing (not shoes, not bags, not cosmetics) that you

1-Pick a specific item of clothing (not shoes, not bags, not cosmetics) that you regularly purchase. Then identify four factors that would cause your individual demand for that it…

1-Scarcity is a problem: Question 1 options: a- measured by the amount of goods

1-Scarcity is a problem: Question 1 options: a- measured by the amount of goods available. b- of the poor, but not the rich. c- because human wants are unlimited while resources a…

1-Suppose that we have the following sales function: Q X = -4P x + 2P Y + 0.2I +

1-Suppose that we have the following sales function: QX = -4Px + 2PY + 0.2I + 0.04A Px = $ 200, the Price of good X, Py = $140, the price of good Y, I =2,000, income, A = $15,000 …

1-Suppose you deposite $100 cash into your checking account.Assume the reserve r

1-Suppose you deposite $100 cash into your checking account.Assume the reserve reqirement is 12 percent. A-what is the effect on your bank's reserves? B-what is the effect on your…

1-The BEST way for an economy to grow is to: Select one: a. seek more foreign ai

1-The BEST way for an economy to grow is to: Select one: a. seek more foreign aid for the economy. b. increase the government's intervention in the economy. c. change the country'…

1-The Case in Point on Externalities, Cigarettes, and Smoking suggests that smok

1-The Case in Point on Externalities, Cigarettes, and Smoking suggests that smokers generate: a-external benefits to society by dying early, thereby subsidizing the retirement cos…

1-The demand curve perceived by a perfectly competitive firm a-shows that such a

1-The demand curve perceived by a perfectly competitive firm a-shows that such a firm is a price-maker b-shows economies of scale over a large range of output c-is horizontal d-al…

1-Traders should specialize in the good: that: Select one: a. that they can prod

1-Traders should specialize in the good: that: Select one: a. that they can produce with the lowest opportunity cost. b. in which they have an absolute advantage. c. in which thei…

1-U.S. Treasury securities with maturity of 2 years or more make two payments pe

1-U.S. Treasury securities with maturity of 2 years or more make two payments per year and one large payment at maturity. This is an example of a(n) perpetuity. equity security. f…

1-What is meant by the \"social construction of categories\"? In what ways are c

1-What is meant by the "social construction of categories"? In what ways are concepts such as gender, race, sexual orientation, social class, and exceptionality social categories?…

1-What role will Redbox play in the development of Netflix\'s strategic plans? H

1-What role will Redbox play in the development of Netflix's strategic plans? How threatening is Redbox to Netflix's future? 2-How will new competition from digital content provid…

1-Which of the following are likely to increase the demand for heroin? a) An inc

1-Which of the following are likely to increase the demand for heroin? a) An increase in heroin users' incomes, assuming heroin is a normal good. b) Laws making it more difficult …

1-Which of the following can explain the volatility of prices in the market for

1-Which of the following can explain the volatility of prices in the market for oil? a.Both the supply and demand for oil is very inelastic b.Both the supply and demand for oil is…

1-Which of the following is not a component of the index which measures economic

1-Which of the following is not a component of the index which measures economic freedom of a country? A. Government size B. Labor freedom C. Monetary freedom D. Cultural freedom …

1-Which of the following reason may be used to justify the government providing

1-Which of the following reason may be used to justify the government providing a good? a. The good is excludable. b. The good is associated with negative externalities. c. The go…