If inflation is 3% a year, your salary should increase by at least fill in blank each year. 1% 2% 3% 4%

To find a client's net worth, the financial planner would look at A) a balance sheet B) an income statement C) a profit and loss statement D) a list of the client's assets

An economic principle that explains why countries produce different goods and services is trade as a percentage of GDP. comparative advantage. NAFTA absolute advantage

All of the following are generic estate planning EXCEPT A) reducing taxes B) purchasing tax shelters C) creating liquidity D) avoiding probate costs

Which of the following is the correct way to describe equilibrium in a market? At equilibrium, demand equals supply. At equilibrium, scarcity is eliminated. At equilibrium, market forces no longer apply. At equilibrium, quantity demanded equals quantity supplied.

An increase in the price of pineapples will result in an increase in the supply of pineapples. a larger quantity of pineapples supplied. a smaller quantity of pineapples supplied. a decrease in the demand for pineapples.

Finding the PV of a future sum, given a specific rate of return and a period of years, is called A) annuitizing B) compounding C) discounting D) coefficiency

Comparative advantage means the ability to produce a good or service at a lower selling price than any other producer. of a higher quality than any other producer. at a higher profit level than any other producer. at a lower opportunity cost than any other producer.

The development of a new good or a new process for making a good is called a service. a factor of production. an invention. an innovation.

Which of the following is a microeconomic question? Will the merger of American Airlines and US Airways increase or decrease airfares? ) Why has growth in the economy increased since the end of the recession? Will Federal Reserve intervention lower the inflation rate? Why do economies experience periods of high inflation?

Hot Questions

How can you use the total revenue test to determine elasticity? You know a product is elastic if the price decreases as the total revenue goes down. You know a product is inelastic if the price increases as the total revenue goes down. You know a product is inelastic if the price decreases as the total revenue goes up. You know a product is elastic if the price increases as the total revenue goes down.

Collins believes that business and ethics are contradictory. Good ethics is antithetical with good management True False

Which of the following rating errors occurs when a manager gives low ratings to all employees by holding them to an unreasonably high standard? A severity error A halo error A leniency error A horns error

Which of the principles of AICPA Code of Conduct is most related artilce 5 of the California Accountancy Act? Responsibilities Due care The public interest Objectivity and independence Integrity Scope and nature of services

Multiple Select Question Select all that apply What are examples of economic factors that can help or hinder business? Taxation Contract enforcement Competition

Find the balance of a savings plan after 36 months assuming an APR of $10\% $ (compounded monthly) and monthly deposits of $\$ 105.$ $\$ 4,387.09$ $\$ 4,297.26$ $\$ 4,413.90$ $\$ 4,256.88$ None of the above.

Which is the better buy? 6-pack of envelopes for $\$ 0.36$ 9-pack of envelopes for $\$ 1.08$

Ten years after purchasing $\$ 8,000$ worth of shares in a mutual fund, you sell the shares for $\$ 6,850$ (at a loss). Find the annual return (to the nearest hundredth of a percent) on your investment. $-1.44\% \% $ $-1.54\% \% $ $-1.24\% \% $ $-1.89\% \% $ None of the above.

After all postings have been made the totals of the balances in the accounts receivable subsidiary ledger should equal the balance of the Accounts Receivable account in the general ledger. True or False True False

Which management approach was the first major approach to focus on informal work relationships and employee salisfaction? Bureaucracy Administrative management Scientific management Human relations