External link to Question : 41) A small landscaping firm purchases a tractor that, in : 1384118

Question : 41) A small landscaping firm purchases a tractor that, in : 1384118

  41) A small landscaping firm purchases a tractor that, in one day, is capable of drilling 60 fence-post holes or removing 12 tree stumps (or some intermediate combination). For this landscaper, what is the opportunity cost of removing one extra tree stump? A) 1/12th of the cost of the tractor B) 1/5 of the cost of the tractor C) drilling 12 fence-post holes D) […]

External link to Question : 61. Fleming Inc. manufactures and sells wooden bookshelves. Which of the : 1295700

Question : 61. Fleming Inc. manufactures and sells wooden bookshelves. Which of the : 1295700

    61. Fleming Inc. manufactures and sells wooden bookshelves. Which of the following steps in the manufacturing cycle would be considered non-value added time? A. Time spent cutting the wood for the bookshelves.B. Time spent assembling the bookshelves.C. Time spent moving the bookshelves from the assembly department to the staining department.D. Time spent staining the bookshelves.   62. Graham Pottery Inc. produces an item that gives rise to the following activities:  […]

External link to Question : 21) In the capital account, the largest category of international : 1228098

Question : 21) In the capital account, the largest category of international : 1228098

    21) In the capital account, the largest category of international transactions is A) net interest. B) foreign investment in the United States. C) net transfers. D) exports and imports. E) statistical discrepancy.   22) When a German company purchases a U.S. company for $20 million, in the balance of payments the value of that transaction is recorded in the A) purchase account. B) […]

External link to Question : 1.4   Integrative Questions 1) Suppose you decide to attend summer school : 1237973

Question : 1.4   Integrative Questions 1) Suppose you decide to attend summer school : 1237973

  1.4   Integrative Questions 1) Suppose you decide to attend summer school and that this is considered a rational choice. When making this choice, A) you must ignore the problem of scarcity. B) you considered the marginal cost and marginal benefit of your choice. C) you have used the ceteris paribus assumption. D) you have made a positive statement. E) you must have considered the […]

External link to Question : 31) The cultural environment of a country best defined by : 1353293

Question : 31) The cultural environment of a country best defined by : 1353293

  31) The cultural environment of a country is best defined by which characteristics? A) standard of living and stage of economic development B) production process and standards of measurement C) attitudes, beliefs, and values D) degree of nationalism and economic community membership E) fast food culture and slow food culture 32) Suppose you have a friend from India who is a lifelong vegetarian and […]

External link to Question : 31) Once the categories of income totaled, the sum called : 1240842

Question : 31) Once the categories of income totaled, the sum called : 1240842

  31) Once the categories of income are totaled, the sum is called A) “GDP measured by the income approach.” B) “net domestic product at factor cost” and is not equal to GDP. C) “net domestic product at factor cost” and is equal to GDP. D) “total income earned” and is equal to GDP. E) GNP and is not equal to GDP.   32) One […]

External link to Question : 31) The 10-year protection period from generic competition for drug : 1387901

Question : 31) The 10-year protection period from generic competition for drug : 1387901

    31) The 10-year protection period from generic competition for drug manufacturers is a form of A) copyright. B) trademark. C) hallmark. D) patent.     32) Network externalities A) can only exist when there are economies of scale. B) prevent the dominance of a market by one firm. C) exist when the usefulness of a product increases with the number of consumers who […]

External link to Question : 31.Foraneconomist,theideaofmakingassumptionsisregardedgenerallyasa a.badidea,sincedoingsoleadstotheomissionofimportantideasandvariablesfromeconomicmodels. b.badidea,sincedoingsoinvariablyl : 1261939

Question : 31.Foraneconomist,theideaofmakingassumptionsisregardedgenerallyasa a.badidea,sincedoingsoleadstotheomissionofimportantideasandvariablesfromeconomicmodels. b.badidea,sincedoingsoinvariablyl : 1261939

  31.Foraneconomist,theideaofmakingassumptionsisregardedgenerallyasa a.badidea,sincedoingsoleadstotheomissionofimportantideasandvariablesfromeconomicmodels. b.badidea,sincedoingsoinvariablyleadstodata-collectionproblems. c.goodidea,sincedoingsohelpstosimplifythecomplexworldandmakeiteasiertounderstand. d.goodidea,sinceeconomicanalysiswithoutassumptionsleadstocomplicatedresultsthatthegeneralpublicfindshardtounderstand. 32.Economistsmakeassumptionsto a.provideissuesforpoliticaldiscussion. b.makeacomplexworldeasiertounderstand. c.makeiteasiertoteacheconomicconceptsandanalysis. d.createpolicyalternativesthatareincompleteorsubjecttocriticism. 33.Acircular-flowmodelandproductionpossibilitiesfrontieraresimilarinthat a.neitherallowseconomicanalysistooccur. b.neithercanberepresentedvisuallyonagraph. c.bothmakeuseofassumptions. d.bothmakeuseofcomplexequationstoarriveatsolutions. 34.Aneconomictheoryaboutinternationaltradethatisbasedontheassumptionthatthereareonlytwocountriestradingtwogoods a.isuseless,sincetherealworldhasmanycountriestradingmanygoods. b.canbeusefulonlyinsituationsinvolvingtwocountriesandtwogoods. c.canbeusefulintheclassroom,butisuselessintherealworld. d.canbeusefulinhelpingeconomistsunderstandthecomplexworldofinternationaltradeinvolvingmanycountriesandmanygoods. 35.Theartinscientificthinking–whetherinchemistry,economics,orbiology–is a.thedesignandimplementationoflaboratoryexperiments. b.knowingwhentostopcollectingdataandwhentostartanalyzingthedata. c.decidingwhichassumptionstomake. d.beingabletomathematicallymodelnaturalphenomena. 36.Theartinscientificthinkingis a.findingtherightproblemtostudy. b.decidingwhichassumptionstomake. c.theabilitytomakeanabstractsubjecteasytounderstand. d.notsomethinginwhicheconomistshavetobeskilled. 37.Thedecisionofwhichassumptionstomakeis a.aneasydecisionforaneconomist,butadifficultdecisionforaphysicistorachemist. b.notaparticularlyimportantdecisionforaneconomist. c.usuallyregardedasanartinscientificthinking. d.usuallyregardedastheeasiestpartofthescientificmethod. 38.Anexampleofapricethatchangesonlyinfrequentlyisthepriceof a.stocksontheNewYorkStockExchange. b.crudeoil. c.residentialrealestate. d.magazinessoldatnewsstands. 39.Whenstudyingtheeffectsofpublicpolicychanges,economists a.alwaysrefrainfrommakingassumptions. b.sometimesmakedifferentassumptionsabouttheshortrunandthelongrun. c.consideronlythedirecteffectsofthosepolicychangesandnottheindirecteffects. d.consideronlytheshort-runeffectsofthosepolicychangesandnotthelong-runeffects. 40.Whenstudyingtheeffectsofchangesinpublicpolicy,economistsbelievethat a.itisimportanttodistinguishbetweentheshortrunandthelongrun. b.theassumptionsusedinstudyingthoseeffectsshouldbethesamefortheshortrunasforthelongrun. c.theshort-runeffectsofthosechangesarealwaysmorebeneficialtosocietythanarethelong-runeffects. d.thelong-runeffectsofthosechangesarealwaysmorebeneficialtosocietythanaretheshort-runeffects.    

External link to Question : 51.LastyeartheimaginarynationofPanglossiahadrealGDPof400billion.ThisyearithadrealGDPof472.5billion.Whichofthefollowingchangesinpopulationisconsistentwitha5percentgrowthrateofrealGDPperpersonoverthelastyear? : 1261783

Question : 51.LastyeartheimaginarynationofPanglossiahadrealGDPof400billion.ThisyearithadrealGDPof472.5billion.Whichofthefollowingchangesinpopulationisconsistentwitha5percentgrowthrateofrealGDPperpersonoverthelastyear? : 1261783

  51.LastyeartheimaginarynationofPanglossiahadrealGDPof400billion.ThisyearithadrealGDPof472.5billion.Whichofthefollowingchangesinpopulationisconsistentwitha5percentgrowthrateofrealGDPperpersonoverthelastyear? a.Thepopulationdecreasedfrom75millionto72million. b.Thepopulationdecreasedfrom60millionto50million. c.The population increased from 70million to 80 million. d.The population increased from 80million to 90 million. 52.In2012,theimaginarynationofDoradoshadapopulationof8,000andrealGDPof3,000,000.DuringtheyearitsrealGDPgrewbyabout2.9%.WhichofthefollowingsetsofgrowthratesisconsistentwiththisgrowthinrealGDP? a.2%populationgrowthand6%realGDPgrowth b.6%populationgrowthand2%realGDPgrowth c.4%populationgrowthand7%realGDPgrowth d.7%populationgrowthand4%realGDPgrowth 53.In2012,theimaginarynationofPlatlandhadapopulationof10,000andrealGDPof42,000,000.DuringtheyearitsrealGDPperpersongrewbyabout1.94%.WhichofthefollowingsetsofgrowthratesisconsistentwiththisgrowthinrealGDPperperson? a.3%populationgrowthand4%realGDPgrowth b.3%populationgrowthand5%realGDPgrowth c.6%populationgrowthand4%realGDPgrowth d.6%populationgrowthand5%realGDPgrowth 54.Whichofthefollowingpairsoftermsrefertothesamething? a.“capital”and“physicalcapital” b.“technologicalknowledge”and“humancapital” c.“standardofliving”and“humancapital” d.“standardofliving”and“productivity” 1.Whichofthefollowingiscorrect? a.AlthoughlevelsofrealGDPperpersonvarysubstantiallyfromcountrytocountry,thegrowthrateofrealGDPperpersonissimilaracrosscountries. b.Productivityisnotcloselylinkedtogovernmentpolicies. c.ThelevelofrealGDPperpersonisagoodgaugeofeconomicprosperity,andthegrowthrateofrealGDPperpersonisagoodgaugeofeconomicprogress. d.ProductivitymaybemeasuredbythegrowthrateofrealGDPperperson. 2.Theonevariablethatstandsoutasthemostsignificantexplanationoflargevariationsinlivingstandardsaroundtheworldis a.productivity. b.population. c.preferences. d.prices. 3.Productivityisdefinedasthequantityof a.laborrequiredtoproduceanation’sGDP. b.laborrequiredtoproduceoneunitofgoodsandservices. c.goodsandservicesproducedfromeachunitoflaborinput. d.goodsandservicesproducedperunitoftime. 4.Whichofthefollowingisacorrectwaytomeasureproductivity? a.Dividethenumberofhoursworkedbythequantityofoutput. b.Dividethequantityofoutputbythenumberofhoursworked. c.Determinehowmuchoutputisproducedinagiventime. d.Determinehowmuchtimeittakestoproduceaunitofoutput. 5.Whichofthefollowingstatementsistrue? a.Productivityiscalculatedashoursworkeddividedbyoutputproduced. b.AmericanshaveahigherstandardoflivingthanIndonesiansbecauseAmericanworkersaremoreproductivethanIndonesianworkers. c.BothAandBarecorrect. d.Noneoftheabovearecorrect. 6.Whichofthefollowingisnotcorrect? a.Countriesthathavehadhigheroutputgrowthperpersonhavetypicallydonesowithouthigherproductivitygrowth. b.Acountry’sstandardoflivinganditsproductivityarecloselyrelated. c.Productivityreferstooutputproducedperhourofwork. d.Increasesinproductivitycanbeusedtoincreaseoutputorleisure. […]

External link to Question : 31.Which of the following types of interactions contribute to protein : 1309692

Question : 31.Which of the following types of interactions contribute to protein : 1309692

    31.Which of the following types of interactions contribute to protein tertiary structure? a.hydrophobic interactions between nonpolar R groups b.hydrogen bonds between polar neutral R groups c.hydrogen bonds between C=O and N–H groups d.more than one correct response e.no correct response       32.R-group interaction between which of the following pairs of amino acids produces a disulfide bond? a.cysteine-cysteine b.proline-proline c.alanine-glycine d.more than […]

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