Nathan2002

Economics is best defined as the study of - ANSWER-how society manages its scarce resources. Your opportunity cost of going to a movie is - ANSWER-the total cash expenditure needed to go to the movie plus the value of your time. A marginal change is one that - ANSWER-incrementally alters an existing plan. Adam Smith's phrase "invisible hand" refers to - ANSWER-the ability of free markets to reach desirable outcomes, despite the self-interest of market participants. Governments may...

Economics - ANSWER-the study of how people seek to satisfy their needs and wants by making choices Horizontal Merger - ANSWER-the combination of two or more firms competing in the same market with the same good or service Vertical Merger - ANSWER-the combination of two or more firms involved in different stages of producing the same good or service Shortage - ANSWER-a situation in which a good or service is unavailable Scarcity - ANSWER-limited quantities of resources to meet unlimit...

Opportunity Cost - ANSWER-the cost of a choice is the value of the opportunities lost Marginal Analysis - ANSWER-An examination of the additional benefits of an activity compared to the additional costs of that activity Microeconomics - ANSWER-The practice of household/firm economics Macroeconomics - ANSWER-The practice of large-scale economics Quantity Demanded - ANSWER-describes the quantity that buyers desire to purchase given the price and all other factors that affect purchase d...

A. - ANSWER-Which of the following is true if demand is inelastic? A. The price elasticity of demand will be less than 1 in absolute value. B. The percentage in price will be less than the percentage change in quantity demanded. C. There are many substitutes for the good in question. D. All of the above. D. - ANSWER-How do economists avoid confusion over units in the computation of elasticity? A. By using index numbers rather than whole numbers. B. By using aggregate...

Which factors influence changes in consumer demand? Check all that apply. - ANSWER-elasticity clearance sales income Gross domestic product (GDP) is the value of goods and services produced in a country annually. It can best be described as measuring an economy's - ANSWER-total output. Which of these practices describe how producers in oligopolies generally try to create competition? Check all that apply. - ANSWER-by keeping prices low by offering promotions by advertising by cul...

1) A capacity plate shows the: - ANSWER-Maximum horsepower and weight allowed 2) What is the minimum height of the state registration numbers that are displayed on a boat? - ANSWER-3" 3) If a boat transfers ownership, is destroyed, lost, stolen or recovered, the owner must notify the agency which issued the certificate within this many days: - ANSWER-15 4) On a federally documented boat, it must have this number permanently affixed in block type, Arabic numerals not lees than 3" in he...

What is the age that you MUST wear a PFD at all times? - ANSWER-12 or younger How old must you be to receive a NJ boat safety certificate? - ANSWER-13 years old How old must you be to operate a Personal Water Craft (PWC)? - ANSWER-16 years old True or False: Anyone age 13 or older can operate a powerboat that is operated by a trolling motor or one horsepower or less or if the the boat is longer than 12 feet it must have less than ten horsepower - ANSWER-True When should your naviga...

CHAPTER ONE - ANSWER-KNOW YOUR BOAT The port side of the vessel is the _______ side. - ANSWER-Left The starboard side of the vessel is the _______ side. - ANSWER-Right Basic types of vessel hulls can be described as ______. - ANSWER-Displacement & Planing Three basic hull shapes: - ANSWER-I. Round bottom II. Flat bottom III. Vee bottom Four length classes of vessels - ANSWER-I: >16 II: 16 to >26 III: 26 to >40 IV: 40 to >65 Four basic types of engines - ANSWER-...

How should a boat's registration number and validation decal be displayed? - ANSWER-on both sides of the bow What are the most important factors in choosing a PFD? - ANSWER-weight and chest size Information on the capacity plate - ANSWER-number of people, max weight, sometimes max horsepower Best way to find out about local hazards - ANSWER-nautical chart Minimum age to operate a PWC - ANSWER-16 years old Type of PFD that turns most people face up - ANSWER-off-shore PFD (type 1) ...

Left side of the boat - ANSWER-Port Right side of the boat - ANSWER-Starboard Front of boat - ANSWER-Bow Back of boat - ANSWER-Stern Body of boat - ANSWER-Hull Upper edge of a boat's side - ANSWER-Gunwale Maximum width of a vessel - ANSWER-Beam Distance from water to lowest point of boat where water could come on board - ANSWER-Free board Depth of water needed to float a vessel - ANSWER-Draft Main center line (backboard) of a vessel, or the extension of hull that incr...

bow - ANSWER-Front of a vessel cleat - ANSWER-Metal fitting on which a rope can be fastened gunwale - ANSWER-Upper edge of vessel's side hull - ANSWER-Body of a vessel port - ANSWER-Left side of a vessel propeller - ANSWER-Rotates and powers a boat forward or backward starboard - ANSWER-Right side of a vessel stern - ANSWER-Rear of a vessel beam - ANSWER-Maximum width of a vessel draft - ANSWER-Depth of water needed to float a vessel freeboard - ANSWER-Distance fro...

Port - ANSWER-Left side of the boat Starboard - ANSWER-Right side of the boat Bow - ANSWER-Front of the boat Stern - ANSWER-Back side of the boat Gunwale - ANSWER-Upper edge of the boat's side Hull - ANSWER-Body of the vessel Cleat - ANSWER-Metal fitting on which a rope can be fastened Propellar - ANSWER-Rotates and powers a boat forward or backward Beam - ANSWER-Maximum width of a vessel Freeboard - ANSWER-Distance from water to lowest point of the boat where water c...

CAIA Sample Exam 1-74 100% Answered Questions CAIA Practice Questions and Answers CAIA Level II Practice Questions and Answers 100% Correct CAIA Level 1 Latest Updated Graded A+

Fundamentals of Insurance 2023 Practice Exam Level 1 Fundamentals of Insurance - Practice Exam with Complete Solutions Fundamentals of Insurance (BC) Exam Fundamentals of Insurance - Licensing Practice Exam 2 -Answered

For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 1. A higher average cost per patient day. 2. A lower average cost per patient day. 3. An increase in the budgeted fixed costs for the routine service cost center. 4.No change in the average cost per patient day. - ANSWER-2. Which of the following balance sheet items would differ between a for-profit and a not-for-profit healthcare organization? 1.Ret...

With growing frequency, employees who have been dismissed are resorting to lawsuits for redress. In such cases, the court may fined in favor of the plaintiff if the employer dismissed the plaintiff: - ANSWER-without cause A manager has found an internet test that purports to measure a nurse's commitment to the organization and likelihood of staying with the organization. In advising the manager whether to use the instrument, which would be your greatest concern? A. Does the test have predic...

Sarbanes Oxley - ANSWER-US federal law that set new or expanded requirements for all US public company boards, management and public accounting firms. Cover responsibilities of a public corporation's board of directors, adds criminal penalties and required SEC to create regulations FMLA - ANSWER-1993: law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical family reasons Purpose of any HCO - ANSWER-to provide care to individual patien...

According to ACHE's Code of Ethics, one way that healtcare executives can avoid or minimoze the negative implications of conflict of interest - ANSWER-Make the conflict known to those in superior positions The principles of quality improvement require that healthcare exectutive change their management philosophy from - ANSWER-Finding fault with employees to finding problems in processes What type of problems arises when a healthcare executive knowingly allows the organization to continue ...

Define investment - ANSWER-Investment is deferred consumption List the four major types of real assets other than land and other types of real estate. - ANSWER-Natural resources, commodities, infrastructure, and intellectual property. List the three major types of alternative investments other than real assets in the CAIA curriculum. - ANSWER-Hedge funds, Private Equity, and Structured Products Name the five structures that differentiate traditional and alternative investments - ANSWER-...

Operational steps of the Hedge Fund trading process - ANSWER-1. Execution 2. Posting and Settlement 3. Allocation 4. Reconciliation Execution (first step of HF trading process) - ANSWER-Process of completing a trade Posting and Settlement (second step of HF trading process) - ANSWER-Internal logging of trades and completing the trade confirmations Allocation (third step of HF trading process) - ANSWER-Process of distributing new positions among funds Reconciliation (fourth step of...