Economics question and answers for July 16, 2023
- Q Question 8 of 100 Which topic is a macroeconomic topic? thestudy of the business cycle the price of a pair of Nike shoes totalsales of GE in 2009 the labor...
- Q 95.view.usg.edu/dzile/content/3279893/viewContent/68099803/Niewo CURRENT ODJICTIVE Define Producer Surplus Question What is thebest definition of producer surplus? Select the correct answerbelow: the difference in the amount the producer is paid and thecost of...
- Q Economists believe that social cooperation and order emerge from exchange motivated by_______ A. Self‐Interest B. Greed C. Selfishness D. Policy interventions
- Q To economize is to choose an option with A. The largest difference between Marginal Benefit and Marginal Cost B. The smallest difference between Marginal Benefit and Marginal Cost C. The largest total benefit...
- Q 768pts/1900 Question 11 of 19? Income is a _()_( ) stock; flow stock;stock flow; flow flow; stockvariable. Wealth is aq,variable. Is income or wealth more unequally distributed in theUnited States??wealth...
- Q Question 3 of 100 Scarcity: exists in all societies. affectsonly greedy people. is the cause of poverty. used to be a problembut is not an issue for industrialized nations. Search...
- Q Which of the following market structures is characterized by a large number of sellers, no one firm can influence prices or supply, the product or service is homogeneous, and there is unrestricted entry?...
- Q According to the outside reading by JC Bradbury, "Is Major League Baseball a Monopoly?", does MLB appear to set prices and quantities as a monopoly would? Question 17 options: a) Bradbury says it's...
- Q Which of the following market structures is characterized by only one seller of a product or service for which there is no close competitor or substitute and that single seller is able...
- Q A?epidemic will show an increase followed by a decrease in thenumber of caves at a given time that attects a relatively smallnumber of patients. point-source propugating common-sourcecommon-point
- Q Suppose povery is determined by a specific numericaldollar-value threabold. That is, if your family's income is belowit, everyone in your family is clasuified as impowerished. Whattype of powery measurement is...
- Q If an economy's income is coepletely equally distributed, thenthe value of its Gisi coefficient is?If an ecosomy's income is completely unequally distributed, thenthe value of its Giel coefficient is??infinity ;...
- Q The measurement of income distribution that splits income earnedamong the various factors of prodaction (inputs) is called thepersonal distributice of income. functional distribution of income.family distribution of income. Gini coefficiem....
- Q Hannah, a college graduate, recently joined a consultancy firmas an executive assistant. Because this is her first job, Hannah isnot clear about the expectations associated with her role. She iseven...
- Q Ethical frameworks in climate change discussions emphasize Option A Complete reliance on market forces Option B Strict individualism Option C Profit maximization Option D Moral responsibility to future generations
- Q Tired of her current home's high electric bills, Sandra decidesthat her next home will have oil heat, by she is concerned aboutthe liability hazards this might involve. To avoid a...
- Q Question 14 of 24 Consider the maximum amount of a problect thatselless are willing and able to provide for sale ower a relevanfanges of prices, holding all other factors constant....
- Q Question 13 of 28(4)/(c)Classify each scenario according to whether it represents achange in quantity supplied or a change in supply. a. If the priceof apples decreases to$5per bushel, Farmer Jack...
- Q Question 7 (3 points) Whenever the frog population decreases, the snake population decreases
- Q Whenever the frog population decreases, the snake population decreases
- Q America's first commercial railroad was the: PennsylvaniaRailroad. Union Pacific Railroad. Reading Railroad. Baltimore andOhio Railroad. South Carolina Railroad.
- Q If Google wanted to prove to the Justice Department that its Chrome browser has many substitutes that personal computer owners can use, Google hopes to find A) that the demand for Chrome...
- Q What factors are impacting the environment for FEMA?
- Q Assume that it is predicted that for the years after you graduate from college, the entire economy will experience a long period of prosperity when incomes grow rapidly. What type of industry would...
- Q Assume that it is predicted that for the years after you graduate from college, the entire economy will experience a long period of prosperity when incomes grow rapidly. What type of industry would...
- Q "Hard money" in the 1830s referred to: gold and silver, alsocalled "specie." wages paid to manual laborers. money backed bygovernment guarantees. any money issued by a bank. highly inflatedcurrency after...
- Q Which of the following was NOT part of Alexander Hamilton'sfinancial program? creating a new national debt, thereby givingbondholders a stake in the nation's future the Bank of the UnitedStates, modeled...
- Q Which of the following contributed to the success of free tradeadvocates during the Revolutionary War? the publication of AdamSmith's The Wealth of Nations Isaac Newton's explanation of the lawof gravity...
- Q Consideration is the price of a bargain that one party must pay for the promise he/she obtains from the other party.
- Q Capicalism is the economic system that best describes what iscurrently happening in the world economy. True False
- Q One of the functions of the International Monetary Fund is toMultiple Choice ensure that member nations adhere to WIOagreements. help importers and exporters conduct their business inmember countries. reduce barners...
- Q Which act established the initial antitrust regulations and made trusts and monopolies illegal? Group of answer choices The Robinson Patman Act of 1936 The Interstate Commerce Act The Sherman Antitrust Act The Clayton...
- Q A rise in the price of forcign inputs leads to a rightward shiftof the AD curve. rightward shift of the SRAS curve. leftward shiftof the AD curve. leftward shift of...
- Q Assuming that a kilo of soybeans sold for $1 in 2012 and $3 in2022, what can be inferred? Multiple Choice The purchasing power ofconsumers has decreased. The economy of the...
- Q Assuming that a kilo of soybeans sold for $1 in 2012 and $3 in2022, what can be inferred? Multiple Choice The purchasing power ofconsumers has decreased. The economy of the...
- Q A bond is a promise to payspecified; specifiedB. specified; futureC.large; specifiedD.large; currentsums of money ondates.
- Q Initernational trade (a key component of globalization) has beenlinked to lower prices in numerous studies. True Fillse
- Q A type of production that yields customized products or servicesfor each customer is called: Multiple Choice Customer orientationproduction. Job order production. Just-in-time production. Standardproduction. Process production. Prey 19 or 26...
- Q 24 of 2 Which of the following is NOT an external failure cost?A. scrap B. lost goodwill C. returned goods D. costs to society
- Q What is the amount of coverage the Kennedys have on theirpersonal property under their homeowners insurance policy? A)$20,000B)$100,000C)$200,000D)$50,000
- Q What is the role of demand elasticity in the practice of dissimilar pricing? Group of answer choices The differences in the elasticities of demand for different services determine the actual level of the...
- Q What is the role of good transportation in the economy of the United States? Group of answer choices Good transportation has no impact on the economy of the United States. Good transportation only...
- Q What is the role of marginal cost in the concept of backhaul in the context of a truckload carrier? Group of answer choices Marginal cost is the cost of transporting the shipment...
- Q 1.describe current weaknesses within your healthcare systems? 2.outline potential solutions that would help address these problems. 3.explain the strategies used to influence best practices to improve organizational performance in healthcare settings. 4.identify effective leadership...
- Q 1190 pts /1700 Question 14 of 17 20 The accompanying graphdepicts the long-run costs and revenue for a monopolisticallycompetitive firm. The numbers in parentheses show the output leveland the cost,...
- Q What is the primary difference between average-cost pricing and marginal-cost pricing in the context of cost-of-service? Group of answer choices Average-cost pricing is based on the total cost of production, while marginal-cost pricing...
- Q docx ( 22.7 KB ) Homework 4 Which of the following expressionsis correct? a. marginal cost=(change in quantity of output)/(change in total cost) b. averagetotal cost totalcostquantity of output
- Q You now know that supply equations can be estimated using regression methodology. Suppose that you collect data and run a regression to estimate the supply equation for a particular product. The resulting supply...
- Q Oustion 35 Nat yet answere: Marked out of 100 Excestive saltartaba can inal to typertansion and increased nervous tension.Select one?True?false
- Q What does the principle of absolute or comparative advantage assume in the context of geographic specialization? Group of answer choices It assumes that an area will not specialize in the production of goods...
- Q What strategy would you follow if were trying to create a rival basketball or football or baseball league?
- Q What is the primary argument supporting protectionism? Freetrade can lead to job loss and lower wages. Protectionism is a wayto reduce in Rultion. Free trade enables political adversaries tobenefit. Protectionism...
- Q Compare and contrast the following three mechanisms for treating pollution externalities when the costs and benefits of abatement are uncertain: (a) an emissions fee, (b) an emissions standard, and (c) a system of...
- Q ustion 11 of 17 a. A monopolistic competitor wishing to maximizeprofit will select a quatity where marginal revenue equals marginalcost. marginal cost tequals demand. marginal revenue equals averagecost. tharginal cost...
- Q Will more jobs be created or lost in the coming digital transformation? Question 19 options: A) Gained! About 3 million world wide B) Lost! Over 1 billion world wide C) Nobody really knows...
- Q what would cause domestic investment to go down
- Q What is the primary argument against a strict marginal-cost approach to pricing? Group of answer choices It does not consider the cost of producing one additional unit. It does not allow for the...
- Q What is the primary argument for value-of-service pricing in the transportation industry? Group of answer choices It ensures that each commodity is paying more than its variable cost It takes into account the...
- Q Ouestion 30 Not yet answered Markaed out of 1.00 Regardless ofwhether an event is desirable or undesirable, it is change thatproduces stress. Select one:?True?False
- Q What does ‘Quantity Utility’ refer to in the context of transportation? Group of answer choices Quantity Utility refers to the assurance that goods will arrive without damage in the right quantity. This utility...
- Q Circadian rhythm changes due to puberty tend to lead to?at night and tc?in the morning.
- Q Tying to create a comparative advantage is typically lesssuccessful than investing in industries that already have acomparative advantage.The industry typically fals to be worthinvesting in, and thousunds of jobs are...
- Q What does demand elasticity refer to in the context of transportation? Group of answer choices Demand elasticity refers to the sensitivity of customers to changes in the speed of transportation services. Demand elasticity...
- Q A company's revenue and cost in dollars are given by R = 225x and C = 75x + 60,000 where x is the number of items. Question 1 options: a) The Profit...
- Q Compensation paid according to the units of output a workerproduces is called?rates.
- Q Which of the following is TRUE about tariffs? Tariffs increasethe price of imported goods, which decreases demand. Thatter eausedemand for loworted products to fill Tariffs create strongrelationships between trading partners....
- Q In the context of limiting the consumption of certain foods andbeverages, the 2015 Dieury Guidelines state that: natuallyoccurring trans fass should consiture less than 1 percent ofcalories consumed. individowls should...
- Q 20,000 workers move from Michigan’s Upper Peninsula to Wisconsin in order to take advantage of higher manufacturing wages in Wisconsin. (Discuss the effects in both labor markets, Michigan and Wisconsin. Think about why...
- Q Ouestion 29 Hatt yel answered Marked out of 1.00 A good methodto alieviate the stress of trustration is: Select one: None of theother answers Practice thought-stopping Increase vitamin B6 intakeExamine...
- Q Somed Which of the following is true of the ThematicAppetception Test (TAT)? Multiple Choice It is the most extensivelyused measure around the wond to assess personality and predictoutcomes. Re is...
- Q Consumer demand for services typically exhibits very?behavior over short periods of time. random cyclic seasona!
- Q Which of the following statements is NOT true? Tade is difivenby comparative advantage. Countries that focus on producing goodsfor which they have a comparative advantage specialize. In atwo-good market, a...
- Q A policy change that would reflect the input view of healthcare would be Question 58 options: 1) subsidizing health insurance for low-income children. 2) subsidizing construction of neighborhood walking trails. 3) eliminating payments...
- Q tradeoff between a. guns and butter. b. work and leisure. c.efficiency and equality. d. inflation and unemployment.
- Q Discuss the trade all in product quality and features dollar cost, and time to deliver and balance of these required in our job development
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