Which of the following statements is FALSE? As society increases its wealth, the problem of scarcity disappears. The factors of production are used to produce outputs that help society satisfy its wants. Even though a society faces the problem of scarcity, it does not necessarily suffer from poverty. Land and labor are both factors of production.

Progression up through the various leadership positions in CAP does not require members to also progress through the Education and Training program. OTrue False

If Ricardian equivalence holds true, savings will square not change at all decrease by the amount of the tax cut

What are major obstacles to economic development for developing countries? (Select all that apply.) D limited natural resources regressive tax code low skilled workforce high population growth

Suppose that the economy is depicted by the following relationship: where: C= 100+0.90(Y-T) Expenditures=C+I+G+X G= 700 T= 700 I= 100 X= 50 The economy is in equilibrium at a level of real GDP or income of square Now suppose that the government decided to increase government spending by 100 and taxes by 100 What is the new equilibrium level of GDP or income? square

Multiple Choice Question Which of the following is NOT a factor to consider when choosing different investments? Monitor the value of your investments Tax consequence of selling investments Keep accurate records Evaluate potential investments by taking time to research different investments

What approach is used to gather information specific to the implementation of the CLAS standards? Monitoring state minority health care outcomes Using a tracking system to search state government websites Using data obtained by state government health care agencies Using survey responses from health care organizations

An insurer's claim settlement practices are regulated by the A. National Association of Insurance Commissioners (NAIC) B. National Association of Claims Adjusters (NACA) C. State insurance departments D. Securities and Exchange Commission (SEC)

Which of the following is not an example of self-interested (rational)behavior? A mother quits a job she likes to take care of her new baby. Albert Schweitzer gave up both an academic career and a musical career to be a missionary in Africa. A man lights up a cigarette. All are examples of self-interested behavior as used by economists.

Learning: Ch 13: Money and the Banking System QUESTIONO The money multiplier for the United States is __ ANSWER approximately 10 between 5 and 6 between 2 and 3 IDONT KNOWYET

Hot Questions

Where can you find out about any changes that have been made to transactions from before the books closing date? Select an option, and then select Submit. The Transaction review tab of the Books review center The reconciliation reports The Exceptions to Closing Date report The Client overview center

Question 3/Multiple Choice Worth 4 points) (01.06 LC) Which characteristic of money explains that currency has a consistent numerical metric whether one dollar is in the form of an old or a new dollar or as one hundred one-cent pennies? Standard Store of value Medium of exchange Measure of value

Question 37 (3 points) Budgets are financial controls that tell a manager how much he can spend to achieve his goals. Budgets are an example of a) top-down controls. b) normative controls. c) tactical control.

What is the central responsibility of customer service representatives? bridging the gap between customers and a company managing financial accounts overseeing product inventory

Select the correct answer. What does the "A"in S.M.A.R.T goals stand for? A. achievable B. advisable C. autocratic D. aspirational E. authoritarian

Substitutes-in -production: are always priced the same. use substitute inputs in production. allow a business to manufacture alternative products, using the same inputs. allow a business to produce goods together.

quostion 4 or 10 Which of the following is an example of an investment? A. Receiving a loan from a bank B. Getting a partner to contribute to a business C. Following the rise and fall of the stock market D. Buying shares in a company

Question 2 of 10 What is a business cycle? A. The decline of production during periods of economic difficulty B. The value of the goods and services produced in a country C. The repeated rise and fall of economic output over time D. The growth of a business from its start through its peak

__ do NOT have the authority to make decisions. Select one: a. Self-designing teams b. Employee involvement teams c. Semi-autonomous work groups d. Self-managing teams e. Sequential teams

The logic behind using a __ to break up an impasse is that the company can't tolerate the inability to operate and produce goods, and that puts pressure on the company to agree to the company in collective bargaining agreement negotiations. Lockout Strike