Business and Economics

ECON Exam 3 Questions With 100% Correct Answers Which of the following is true regarding the circular flow model? - answerHouseholds provide the supply for the factor market and business provides the supply for the goods and service market Which of the following is true? - answerncome flows from firms to households in the factor markets. The factor market is where: - answerHouseholds provide resources to businesses Households receive income from government by: - answerReceiving transfer ...

PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ - Brown Which of the following would be an example of a microeconomic issue? Select all that apply. 1. The federal government of Sweden offers tax credits for individuals to put solar paneling on their homes. 2. Sandra takes out a loan to invest in a new business opportunity. 3. A local sandwich shop shuts down during a recession. 4. None of these are microeconomic issues. 1, 2, and 3 True or false: Macroeconomics is th...

Ecosystem services - correct answer the benefits (goods and services) people obtain from ecosystems [MA 2005] Provisioning services - correct answer the products obtained from ecosystems (food, biological raw materials, freshwater, biomass fuel) Examples of provisioning services - correct answer food, biological raw materials (cotton, leather), biomass fuel, freshwater, genetic resources, pharmaceuticals Regulating services - correct answer the services of regulating climatic, water, bi...

Econ Chapter 14 CORRECT ANSWERS 100% When reference is made to the ____________, it means the specific amount of income needed for a basic standard of living. A. poverty trap B. income line C. income gap D. poverty line - ANSWER D A situation of __________ arises when one group receives a higher share of total income or wealth than others. A. poverty B. inequality C. poverty entrapment D. quintiles - ANSWER B Antipoverty programs that are set up so that the amount of government...

Econ week 12 QUICK PASS 2023//2024 When the central bank decides it will sell bonds using open market operations - ANSWER the money supply decreases When the central bank decides to increase the discount rate, the interest rates - ANSWER increase Atlantic Bank is required to hold 10% of deposits as reserves. if the central bank increases the discount rate, how would atlantic bank respond? - ANSWER by increasing its reserves _____ will often cause monetary policy to be considered c...

AUDITING THEORY PRELIM REVIEWER (875 Multiple Choice Questions), Exams of Business Economics

AUDITING THEORY PRELIM REVIEWER (875 Multiple Choice Questions), Exams of Business Economics

ECON 2020 Exam 3 Version 1 Test 3 Econ 2020 FALL 2014 Version 1 Instructions: Choose the best answer. You have the full class time to take the exam. There are 100 possible points. Each question counts 4 points. Good Luck! Figure 14-4 P7 P6 P5 P4 P3 P2 P1 Q1 Q2 Q3 Q4 Q5 Quantity 1. Refer to Figure 14-4. In the short run, if the market price is higher than P4 but less than P6, individual firms in a competitive industry w...

ECON Final Economists typically define money as: A. anything in which its value can be inflated. B. a means of payment that lacks intrinsic value. C. currency that is issued by a central bank. D. a widely accepted means of payment. - ANSWERS D Are checking accounts money? A. No, because checking accounts cannot be traded for goods and services. B. Yes, because checking accounts can be used to buy goods and services. C. No, because checking accounts are not physical money. D. Yes,...

Econ Chapter 14 CORRECT ANSWERS 100% When reference is made to the ____________, it means the specific amount of income needed for a basic standard of living. A. poverty trap B. income line C. income gap D. poverty line - ANSWER D A situation of __________ arises when one group receives a higher share of total income or wealth than others. A. poverty B. inequality C. poverty entrapment D. quintiles - ANSWER B Antipoverty programs that are set up so that the amount of government...