Economics question and answers for July 16, 2023
- Q tradeoff between a. guns and butter. b. work and leisure. c.efficiency and equality. d. inflation and unemployment.
- Q option costs \( \$ 100 \). Finally she decides on Option B. Theopportunity cost of this decision is a. the value to Barb ofOptions A, C and D combined. b....
- Q Compensating differences is a reason whyq,conditions differ in varlous labor markets. cost supplypopulation demand
- Q Why are reliable screening tools valuable for psychiatric assessment
- Q Question 50 A dollar-for-dollar reduction in taxes is a tax?whereas a percentage reduction in taxes is a(n) tax?Blank 1;Blank 2 Blank 1 A Blank 2 Ac
- Q To gain an increase in overall production, businesses will focusless on self-sufficiency. allow workers to develop skills byworking on a large number of tasks. adopt specialization.manipulate prices.
- Q Ramona'is bidding on an auction item against several otherpeople. She knows the bid is already too high, but she doesn't wantto give up, so she continues bidding. This is an...
- Q Based on marginal revenue/ marginal cost analysis A) using an example of a product in a perfect competitve market, describe how ouput and price are determined in thst market B) why are...
- Q Based on marginal revenue/ marginal cost analysis A) using an example of a product in a perfect competitve market, describe how ouput and price are determined in thst market B) why are...
- Q In a model with money neutrality, a 10% increase in the money supply leads to an increase of prices byChoice 1 of 4: zero.Choice 2 of 4: less than 10%, but more...
- Q Which of the following statements is true? Question 50 options: 1) Out-of-pocket spending has been rising as a share of total healthcare spending. 2) The uninsured tend to have above-average incomes. 3) The...
- Q The difference between the wage rate recelved by one group ofworkers and the wage rate received by another group of workers iscalled a wage
- Q The government either makes most economic decisions itself or atleast strongly influences how the decisions are made in what typeof economy? market-oriented economy. command economy. macroeconomy.microeconomy.
- Q An agency regulates economic matters such as price, entry into a particular geographical area, or entry into a particular kind of business. Group startsTrue or False True, unselectedFalse, unselected
- Q Which of the following union models attempts to increase thedemand for union labor by raising demand for the products unionmembers produce and or altering the prices of related inputs? Thedemand-enhancement...
- Q Explain with example how the concept of price elasticity of demand is useful for sellers to predict revenue levels after an increase in prices 2. Use an example to illustrate how a...
- Q True or false: A union that raises wage rates by attempting togain control over a firm's total labor supply and threatens towithhold labor vas a strike is exhibing the exclushe...
- Q How do multiple governments participate in a common price-basedregulation such as a carbon tax to reduce greenhouse gas emissions?(select any that apply) One country can tax all firms that sellgood...
- Q Administrative agencies rarely regulate economic matters. Group startsTrue or False True, unselectedFalse, selected
- Q Government printing of money to finance government spending is calledChoice 1 of 4: an open-market purchase.Choice 2 of 4: seigniorage.Choice 3 of 4: sterilization.
- Q If an increase in the level of the money supply results in a proportionate increase in prices with no effect on any real variables, we say thatChoice 1 of 4: the Fisher...
- Q Insured consumers are more apt to use healthcare services than uninsured consumers. Question 49 options: 1) True2) False
- Q What are some of the variable costs of running a flower shop?Which items are not variable costs? OVIredetiy?Variable 0?Carrest0\deg, mache 0-12
- Q Question 65\rho tsThe Triple Bottom Line (olso colled corporate sustainability)refers to: the fundamentol, possionate, and enduring principles ofan organizotion that guide its conduct over time. the view thatorganizotions should sotisty...
- Q Match the economic term related to pollution taxes to itsdefinition. Pigouvian tax Pollution tax/Emissions fee Tax revenueSeatutory burden Tax incidence Dovible Dividend HypoetwersProgressive tax Pricel Flusticity of Derround
- Q If cosn and wheat are substitutes in prodoction for a farmer, anoutward ahift in the sopply of corn will take place: When the priceof coss falls. When the price of...
- Q The opportunity cost of holding money isChoice 1 of 4: zero.Choice 2 of 4: the inflation rate.Choice 3 of 4: the real interest rate.Choice 4 of 4: the nominal interest rate.
- Q Explain with example how the concept of price elasticity of demand is useful for sellers to predict revenue levels after an increase in prices 2. Use an example to illustrate how a...
- Q Explain with example how the concept of price elasticity of demand is useful for sellers to predict revenue levels after an increase in prices 2. Use an example to illustrate how a...
- Q It is important for morketers to understond the economicconditions thot exist. If toxes rise ot a faster rate than incomes,consumers will: howe less disposoble income and try to economize.recognize that...
- Q The current demand for money increases whenChoice 1 of 4: current real income decreases.Choice 2 of 4: future real income decreases.Choice 3 of 4: the nominal rate of in
- Q Question 65 Phase I ESAs have really high liabilities for theamount it is sold for? True False
- Q estion 13 of 18 The historical rise in living standards ofAmerican workers is primarily a result of: the influence of laborunions in America. tariff protections imposed by the Americangovernment. the...
- Q estion 15 of 18 Research spearheaded by Dr. Norman Borlaug inthe 1950s and 1960s led to the development of high-yield wheat thatis now used all over the world. It was...
- Q Question 16 of 18 bo 8 If North Korea and South Korea were bothequally poor in 1950, why has South Korea developed so much fasterthan North Korea since then? The...
- Q Which of the following is an example of discretionary fiscalpolicy? (One correct answer) an increase in borrowing by thegovernment an increase in food etamp transfer noyments due to arecession an...
- Q when do we first hear the term race in the colonial labor system
- Q By offering your employees incentives for completing their work efficiently, you are bribing them. Group of answer choices a. True. b. False.
- Q Economics is like a map because Question 32 options: 1) it highlights some key features of management decisions. 2) it suppresses some unimportant features of management decisions. 3) it takes knowledge and skill...
- Q Question 23 What is FICA? Federal Insurance Contributions ActFederal Investment Contributions Act Federal Investment CompromiseAct Federal Insurance Completion Act
- Q Question 24 Liabilities are best described asq,. Intangible obligations Financial debt and obligations that youowe Monetary items of value that you own Your net worth
- Q Question 4 of 28 Suppose Robina Bank receives a deposit of$52,589. Based on the Fed's current interest paid on reserves, theBank's understanding of consumer behavior, and its own comfort withrisk,...
- Q Appositional growth is growth in diameter.?True?False
- Q El producto principal que se desea en la reacci?n oscura oindependiente de la luz es: Select one: a. G3P b. RuBP c. Ox?genod. Glucosa e. Agua
- Q What percent of the labor force was engaged in agriculture in 1900? Question 29 options: 10% 40% 2% 85% 25%
- Q Having Trouble? Cont on 42 of 55 2200 Voice What effect doesyour voice have on others? Does it persuade or irritate, attract orrepel? One of the worst qualities is harshness....
- Q Consider the graph at right of a market for one-bedroom rentalapartments in a college community. a. At a rental rate of$1,000per month, there is an excess quantity?supplied 1,100
- Q Dues B1, Tyy+1227ptsResources Solution Al Tutor Submit Answer /1500 PenalitedQuestion 14 of 15 As Nobel prize winner and New York Timescolumnist Paul Krugman has noted, the field of economies is...
- Q Which of the following statements about adverse selection is most correct? Question 19 options: 1) Adverse selection means those individuals with greater health risk are more likely to purchase health insurance. 2) The...
- Q In the FriedmanLucas money surprise model, suppose that the central bank wants to reduce the price level. Suppose the central bank has two options: (i) announce in advance that the money supply will...
- Q Question 10 An expenditure over which you have no control, areobligated to make, and is generally at a constant level each monthis called a?expenditure. Heoulie Stationary Discretionary Foxed
- Q Consider a market where supply and demand are given by QXS=−12+PXQXS=-12+PX and QXd=72−2PXQXd=72-2PX . Suppose the government imposes a price floor of $30, and agrees to purchase and discard any and all units consumers...
- Q Now, let's extend the analysis to other products, maybe a product that you sell at your work, or a product that is sold where you worked in the past. How can we...
- Q Going from M0 to M1 and to M2, what is the principle?Choice 1 of 4: A) from household money demand to firm money demandChoice 2 of 4: from illiquid to liquidChoice 3...
- Q In the movie, "The Journey of Man"; based on genetics, Dr. Wellsposed the theory that the first radiation of humanity was theancestors of the Australian Aborigines travelling from Africa toAustralia...
- Q A monopsony is a wage?because the wage rate it must pay varies directly with thenumber of workers it employs.
- Q In monopolistically conpetitive industry: 1 people would be better off if output were reduced 2 a firm maximizes profits when MR=MC yet P>MC 3 ouput could be increased without an i crease...
- Q In monopolistically conpetitive industry: 1 people would be better off if output were reduced 2 a firm maximizes profits when MR=MC yet P>MC 3 ouput could be increased without an i crease...
- Q ?? 3 In a sample of American Wage earners?we regress weekly wageon a constant and a binary variable equal to 1 if the respondentwent to a private high school?and to...
- Q Which of the following are problems that commonly arise in health insurance programs? Question 16 options: 1) Adverse selection 2) Moral hazard 3) Premiums that are too low (and remain so) to make...
- Q Create a problem statement A problem statement can be short — one or more sentences — but should give a sense of what you are trying to achieve (e.g., fix, change, stop...
- Q The following table gives the demand schedule for anindividual's monthly demand for CDs. \table[[Price,QuantityDemanded],[$30,6],[$25,8],[$20,10],[$15,12]] Assume there are 10 identical people in the market. 1.)Using the point drawing tool, indicate the...
- Q 7/1/24, 9:52 PM Exam #2 - English 030-1 (ENGL 3301) ReadingComprehension - due June 24 (unproctored): Attempt review |NorQuest Question 3 Complete Mark 1.00 out of 1.00 The "right road"that...
- Q A consumer to consumer (peer to peer) rental transactionactivity is often referred to as?a) social consumption b) prodactive consumption c)multiopsonistic consumption d) collaboeative consumption
- Q Decision-making styles vary along which two dimensions? (Morethan one antwer may be correct) Tolerance for ambiguityRiskmultipleation Walue orientation Defenstve wordince
- Q If a monopolist is producing a qauntity that generates MC< MR, the Profit: 1) is maximized only if MC=P 2 is maximized
- Q If a monopolist is producing a qauntity that generates MC< MR, the Profit: 1) is maximized only if MC=P 2 is maximized
- Q What do you think will happen to the potato cube? a) It willincrease in weight b) It will stay the same c) It will decrease inweight
- Q Assume that the supply curve for office furniture is upwardsloping. If the government imposes an excise tax on officefurniture, the more inelastic is the demand curve, the _equillivrik output will...
- Q 4845 | 7:54 7. An increase in government subsidies for anindustry, which reduces production cost, causes the marketequilibrium price to?and the market equilibrium quantity to??decrease; inclpase increase; decrease increase; increasedecrease;...
- Q Florida Atlantic University 5:327:54cc 1x An increase in consumer preference for a good shifts thedemand curve to the left.?True False Search
- Q Eric R. Chlang, Ph.O. Florida Atlantic University6:12754 cc. 1x 2. As income increases, the demand curve for aninferior good shifts to the left. True False Search
- Q The demand curve facing a monopolist is. 1) dowward sloping, the same as that facing a perfectly competitive firm 2 downward sloping, unlike the horizantal demand curve facing a perfectly competitive firm
- Q The demand curve facing a monopolist is. 1) dowward sloping, the same as that facing a perfectly competitive firm 2 downward sloping, unlike the horizantal demand curve facing a perfectly competitive firm
- Q Question 9 2.5 points Sue considers hervelf to be a veryinformed clieven who is careful about what she wanches, reads, orhears through the media. As a result, she doesnt think...
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