Economics

True or False to the following questions: A life insurance policy naming a spous

True or False to the following questions: A life insurance policy naming a spouse or dependents as beneficiaries is an example of the impact of family structure on financial decis…

True or False, explain 1. A sales tax which is the same for all goods (e.g. 5% a

True or False, explain 1. A sales tax which is the same for all goods (e.g. 5% added onto the sale price of anything bought anywhere) can be considered a regressive tax. 2. In a p…

True or False. 8. A portfolio\'s performance is its yield to the holder. ____ 9.

True or False. 8. A portfolio's performance is its yield to the holder. ____     9.   Investing in risky assets in the hope of earning profits is called speculation. ____   10.   …

True or False. Briefly justify your answers. t wants to sell a higher quantity,

True or False. Briefly justify your answers. t wants to sell a higher quantity, it must set a higher price market power, the marginal revenue curve always lies below t may continu…

True or False. Explain. Consumption smoothing is an implication of the neoclassi

True or False. Explain. Consumption smoothing is an implication of the neoclassical model of consumption. This is because a rise in income either today or in the future reduces pr…

True or False. If False Justify (\"If False, justify...\") your answer in one se

True or False. If False Justify ("If False, justify...") your answer in one sentence. A security with a negative beta should have a negative expected return. 1. a. According to po…

True or False. Provide a one sentence explanation. A consumer with positive marg

True or False. Provide a one sentence explanation. A consumer with positive marginal utility for each good will always choose a bundle on her budget line. If Darren views milk cho…

True or False. You must explain WHY the statement is true or false; need two or

True or False. You must explain WHY the statement is true or false; need two or more sentences of explanation 1. Free Trade is always beneficial for a country. 2. Both the Ricardi…

True or False. You must explain WHY the statement is true or false; need two or

True or False. You must explain WHY the statement is true or false; need two or more sentences of explanation 1. Free Trade is always beneficial for a country. 2. Both the Ricardi…

True or False: 1. Federal spending has grown substantially in recent decades. 2.

True or False: 1. Federal spending has grown substantially in recent decades. 2. By world standards, the U.S. government controls a relatively large share of the U.S. economy. 3. …

True or False: 1. The fact that only 14% of top level executives in Fortune 500

True or False: 1. The fact that only 14% of top level executives in Fortune 500 companies are female is accounted for by the glass ceiling, because plenty of women work in these c…

True or False: 1. the fact that owners receive any profits tends to increase the

True or False: 1. the fact that owners receive any profits tends to increase the efficiency of production and lower prices in a competitive market. 2. the demand for gasoline will…

True or False: A change in investors feelings about risk will change the interce

True or False: A change in investors feelings about risk will change the intercept and therefore shift the securities Market line.. In terms of aggregate supply, a period in which…

True or False: Whenever the economy enters a recession, its long-run aggregate-s

True or False: Whenever the economy enters a recession, its long-run aggregate-supply curve shifts to the left. O True O False Indicate whether each of the following events will i…

True or False: \"Whenever loans are repaid, money is destroyed.\" True False How

True or False: "Whenever loans are repaid, money is destroyed." True False How might architecture help stabilize the banking system? By increasing depositors' risk aversion O By s…

True or False? 1 Hyperinflation is defined as inflation of 45 percent per year o

True or False? 1 Hyperinflation is defined as inflation of 45 percent per year or more. 2 In the long run, the central bank can lower inflation by increasing the money supply. 3 a…

True or False? 1) A production possibilities frontier allows us to identify the

True or False? 1) A production possibilities frontier allows us to identify the opportunity cost of producing a particular good in an economy. 2) Consider the production possibili…

True or False? 1) If Country A is absolutely better at producing everything than

True or False? 1) If Country A is absolutely better at producing everything than Country B, then there is no incentive for Country A to engage in trade with Country B. 2) If Tom h…

True or False? 1. A monopolistically competitive firm maximizes profit at the po

True or False? 1. A monopolistically competitive firm maximizes profit at the point at which P = MC 2.If a firm triples its resource inputs and as a result output triples, then th…

True or False? 1. When comparing average wages for black and white men in the Un

True or False? 1. When comparing average wages for black and white men in the United States, wages paid to black men have been about 20 percent less than those paid to white men. …

True or False? 1.The total amount of good X a firm produces divided by the numbe

True or False? 1.The total amount of good X a firm produces divided by the number of workers employed by the firm is its marginal product. 2.If a monopolist is producing at that o…

True or False? 6) The price of apples in a given week is an example of an econom

True or False? 6) The price of apples in a given week is an example of an economic variable. 7) In Country A a worker can produce either 6 bushels of corn or 18 pounds of tomatoes…

True or False? For a market to have a coordination mechanism, money must be exch

True or False? For a market to have a coordination mechanism, money must be exchanged. Explain. False. Some markets don't have explicit prices. They have what are called "shadow p…

True or False? Jessica receives a raise at her current part-time job from $9 to

True or False? Jessica receives a raise at her current part-time job from $9 to $11 per hour. If her labor supply curve is backward sloping, she will work fewer hours after receiv…

True or False?? 47- The US economy grew by 5.7% in the 3rd quarter of 2014 48A c

True or False?? 47- The US economy grew by 5.7% in the 3rd quarter of 2014 48A considerab le increase in consumer spending and Government expenditure will undoubtedly accelerate G…

True or Flase 1) True or false, Small area variations in healthcare spending are

True or Flase 1) True or false, Small area variations in healthcare spending are generally regarded as an indication that there is some source of inefficiency in healthcare delive…

True or Flase Questions The Japanese yen is the main currency held in reserve by

True or Flase Questions The Japanese yen is the main currency held in reserve by other nations Question 2 An increase in domestic interest rates will lead to an appreciation of th…

True or false 6) Economic power is often seen as the foundation of military and

True or false 6) Economic power is often seen as the foundation of military and political power. 7) Intellectual freedom is a common characteristic in the rise of great powers. 8)…

True or false : In a case where government regulation causes the value of proper

True or false : In a case where government regulation causes the value of property to decrease (say through a zoning law), the efficient rule for the courts to adopt is a rule of …

True or false : say that transaction costs are high because there are many parti

True or false : say that transaction costs are high because there are many parties to a property use dispute. If the externality is caused by say a paper firm polluting a river by…

True or false One of our major macroeconomic goals is to balance the federal bud

True or false One of our major macroeconomic goals is to balance the federal budget. In a Capitalist system, economic resources are privately owned. Technological change tends to …

True or false Questions: (7)When a country moves from restricted trade to free t

True or false Questions: (7)When a country moves from restricted trade to free trade, the abundant factor will benefit . ( Topic 5 ) (8) An export subsidy increases the ranges of …

True or false ____ 1. Service sector outputs could be expected to increase in pr

True or false ____     1.   Service sector outputs could be expected to increase in price less than industrial sector outputs as an economy grows. ____     2.   Labor productivity…

True or false and explain why (8) A forward exchange rate contract allows invest

True or false and explain why (8) A forward exchange rate contract allows investors to speculate and take advantage of exchange rate fluctuations. (9) Most of the trade between th…

True or false and explain why 1) Pareto-efficient allocations are always desirab

True or false and explain why 1) Pareto-efficient allocations are always desirable because they maximize surplus. 2) market failures necessitate government intervention. 3) A non-…

True or false: A firm should always produce at an output at which long-run avera

True or false: A firm should always produce at an output at which long-run average cost is minimized. Explain. This statement is A. true because in the long run entry and exit wil…

True or false; explain your reasoning. Given a typical demand curve, a decline i

True or false; explain your reasoning. Given a typical demand curve, a decline in price faced by the consumer should lead her to increase the quantity purchased in order to maximi…

True or false? 1. In perfectly competitve industry, the demand curve for an indi

True or false? 1. In perfectly competitve industry, the demand curve for an individual firm is downward sloping? 2. Firms have barriers to enter the market with monopolist competi…

True or false? 11. we can interpret the monetary base as the liabilities of the

True or false? 11. we can interpret the monetary base as the liabilities of the Fed to the private sector. 16 The quantity theory suggests that people demanded money because of pe…

True or false? For each of the following statements, circle \'T\' if you think t

True or false? For each of the following statements, circle 'T' if you think the statement is true and "F}} if you think it is false. No explanation is required. Each statement is…

True or false? Only money prices affect incentives; shadow prices do not. Explai

True or false? Only money prices affect incentives; shadow prices do not. Explain. True. Because shadow prices are not actually paid, they do not affect incentives. Only money pri…

True, False or Uncertain (With brief explanation) 3. We say a worker \"moonlight

True, False or Uncertain (With brief explanation) 3. We say a worker "moonlights" when he takes a second job because he is limited in the hours he can work in the primary job. If …

True, False or Uncertain. (With brief explanation) 3. We say a worker \"moonligh

True, False or Uncertain. (With brief explanation) 3. We say a worker "moonlights" when he takes a second job because he is limited in the hours he can work in the primary job. If…

True, False, Explain : Indicate if you believe each statement is true or false,

True, False, Explain: Indicate if you believe each statement is true or false, then give a short explanation for your answer. 1. A sales tax which is the same for all goods (examp…

True, False, Explain: Indicate if you believe each statement is true or false, t

True, False, Explain: Indicate if you believe each statement is true or false, then give a short explanation for your answer. 1. Decreasing taxes can increase government tax reven…

True, False, Explain: Indicate if you believe each statement is true or false, t

True, False, Explain: Indicate if you believe each statement is true or false, then give a short explanation for your answer I. A sales tax which is the same for all goods (e.g. 5…

True, False, or Uncertain [48 marks - 6 marks each] Explain why each of the foll

True, False, or Uncertain [48 marks - 6 marks each] Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where …

True, False, or Uncertain [48 marks - 6 marks each] Explain why each of the foll

True, False, or Uncertain [48 marks - 6 marks each] Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where …

True, False, or Uncertain [48 marks 6 marks each] Explain why each of the follow

True, False, or Uncertain [48 marks 6 marks each] Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where ap…

True, False, or Uncertain [6 marks] Explain why each of the following statements

True, False, or Uncertain [6 marks] Explain why each of the following statements is True,, False,, or Uncertain according to economic principles. Use diagrams where appropriate. U…