External link to Question : 101.Which of the following a drawback of push strategies? A. It : 1299511

Question : 101.Which of the following a drawback of push strategies? A. It : 1299511

  101.Which of the following is a drawback of push strategies?   A. It can be expensive when the distribution channel is long. B. It decreases interaction with consumers. C. It does not allow consumers to be educated on the benefits of a complex product. D. It is useful only in advanced nations where consumers are sophisticated and highly educated. E. It can only be used to sell industrial products. […]

External link to Question : 51.Supposethattherearediminishingreturnstocapital.SupposealsothattwocountriesarethesameexceptonehaslesscapitalandsolessrealGDPperperson.Supposethatbothincreasetheirsavingratefrom3percentto4percent.Inthelongrun : 1261753

Question : 51.Supposethattherearediminishingreturnstocapital.SupposealsothattwocountriesarethesameexceptonehaslesscapitalandsolessrealGDPperperson.Supposethatbothincreasetheirsavingratefrom3percentto4percent.Inthelongrun : 1261753

  51.Supposethattherearediminishingreturnstocapital.SupposealsothattwocountriesarethesameexceptonehaslesscapitalandsolessrealGDPperperson.Supposethatbothincreasetheirsavingratefrom3percentto4percent.Inthelongrun a.bothcountrieswillhavepermanentlyhighergrowthratesofrealGDPperperson,andthegrowthratewillbehigherinthecountrywithmorecapital. b.bothcountrieswillhavepermanentlyhighergrowthratesofrealGDPperperson,andthegrowthratewillbehigherinthecountrywithlesscapital. c.bothcountrieswillhavehigherlevelsofrealGDPperperson,andthetemporaryincreaseingrowthinthelevelofrealGDPperpersonwillhavebeengreaterinthecountrywithmorecapital. d.bothcountrieswillhavehigherlevelsofrealGDPperperson,andthetemporaryincreaseingrowthinthelevelofrealGDPperpersonwillhavebeengreaterinthecountrywithlesscapital. 52.Otherthingsequal,relativelypoorcountriestendtogrow a.slowerthanrelativelyrichcountries;thisiscalledthepovertytrap. b.slowerthanrelativelyrichcountries;thisiscalledthefall-behindeffect. c.fasterthanrelativelyrichcountries;thisiscalledthecatch-upeffect. d.fasterthanrelativelyrichcountries;thisiscalledtheconstant-returns-to-scaleeffect. 53.Twocountriesarethesame,exceptoneispoorer.Assumingthetraditionalassumptionabouttheproductionfunctionismadethereare a.diminishingreturnstocapitalsothepoorcountrygrowsslower. b.increasingreturnstocapitalsothepoorcountrygrowsslower. c.diminishingreturnstocapitalsothepoorcountrygrowsfaster. d.increasingreturnstocapitalsothepoorcountrygrowsfaster. 54.Anincreaseinthesavingratewould,otherthingsthesame, a.increasegrowthmoreforapoorcountrythanforarichcountry,andraisegrowthpermanently. b.increasegrowthmoreforapoorcountrythanforarichcountry,butraisegrowthtemporarily. c.increasegrowthmoreforarichcountrythanforapoorcountry,andraisegrowthpermanently. d.increasegrowthmoreforarichcountrythanforapoorcountry,butraisegrowthtemporarily. 55.RealGDPperpersonis$10,000inCountryA,$20,000inCountryB,and$30,000inCountryC.Thesavingrateincreasesbythesamerateinallthreecountries.Otherthingsequal,wewouldexpectthat a.allthreecountrieswillgrowatthesamerate. b.CountryAwillgrowthefastest. c.CountryBwillgrowthefastest. d.CountryCwillgrowthefastest. 56.Assumingdiminishingreturns, a.theincreaseinoutputgrowthfromanincreaseinthesavingraterisesovertime,andthat,otherthingsthesame,richcountriesshouldgrowfasterthanpoorones. b.theincreaseinoutputgrowthfromanincreaseinthesavingratefallsovertime,andthat,otherthingsthesame,richcountriesshouldgrowfasterthanpoorones. c.theincreaseinoutputgrowthfromanincreaseinthesavingraterisesovertime,andthat,otherthingsthesame,poorcountriesshouldgrowfasterthanrichones. d.theincreaseinoutputgrowthfromanincreaseinthesavingratefallsovertime,andthat,otherthingsthesame,poorcountriesshouldgrowfasterthanrichones. 57.Thecatch-upeffectreferstotheideathat a.savingwillalwayscatch-upwithinvestmentspending. b.itiseasierforacountrytogrowfastandsocatch-upifitstartsoutrelativelypoor. c.populationeventuallycatches-upwithincreasedoutput. d.ifinvestmentspendingislow,increasedsavingwillhelpinvestmentto”catch-up.” 58.Thetraditionalviewoftheproductionprocessisthatcapitalissubjectto a.diminishingreturns,sothatotherthingsthesame,realGDPinpoorcountriesshouldgrowatafasterratethaninrichcountries. b.diminishingreturns,sothatotherthingsthesame,realGDPinpoorcountriesshouldgrowataslowerratethaninrichcountries. c.increasingreturns,sothatotherthingsthesame,realGDPinpoorcountriesshouldgrowatafasterratethaninrichcountries. d.increasingreturns,sothatotherthingsthesame,realGDPinpoorcountriesshouldgrowataslowerratethaninrichcountries. 59.Thelogicbehindthecatch-upeffectisthat a.workersincountrieswithlowincomeswillworkmorehoursthanworkersincountrieswithhighincomes. b.thecapitalstockinrichcountriesdeterioratesatahigherratebecauseitalreadyhasalotofcapital. c.newcapitaladdsmoretoproductioninacountrythatdoesn’thavemuchcapitalthaninacountrythatalreadyhasmuchcapital. d.Noneoftheaboveiscorrect. 60.CountryAhasrealGDPperpersonof100,000whilecountryBhasrealGDPperpersonof200,000.Allelseconstant,countryAwilleventuallyhaveahigherstandardoflivingthancountryBif a.thelevelofsavingperpersonis10,000incountryAand10,000incountryB. b.thelevelofsavingperpersonis12,000in countryAand15,000incountry B. c.Bothoftheabovearecorrect. d.Noneoftheabovearecorrect.    

External link to Question : 61. Paw-Paw Products produces and sells flannel covered dogbeds. In the : 1295666

Question : 61. Paw-Paw Products produces and sells flannel covered dogbeds. In the : 1295666

    61. Paw-Paw Products produces and sells flannel covered dogbeds. In the current year, Paw-Paw had expected to sell 8,000 beds but actually produced and sold 8,500 beds. The following information is available regarding the standard cost to produce a single dogbed:    Direct materials: 5 yards at $1.50 per yard   Direct labor: 40 minutes at $.20 per minute       In the […]

External link to Question : 31) Market-clearing theories of the labour market argue that A) : 1384492

Question : 31) Market-clearing theories of the labour market argue that A) : 1384492

  31) Market-clearing theories of the labour market argue that A) competitive labour markets can be relied upon to eliminate all unemployment. B) labour markets will clear and involuntary unemployment will thereby be eliminated. C) all unemployment is most easily corrected by government intervention in the economy. D) all unemployment arises from firms being unwilling to demand labour services. E) labour unions are necessary elements […]

External link to Question : 11.Gunsandbutterareusedtorepresenttheclassicsocietaltradeoffbetweenspendingon a.durableandnondurablegoods. b.importsandexports. c.nationaldefenseandconsumergoods. : 1261368

Question : 11.Gunsandbutterareusedtorepresenttheclassicsocietaltradeoffbetweenspendingon a.durableandnondurablegoods. b.importsandexports. c.nationaldefenseandconsumergoods. : 1261368

  11.Gunsandbutterareusedtorepresenttheclassicsocietaltradeoffbetweenspendingon a.durableandnondurablegoods. b.importsandexports. c.nationaldefenseandconsumergoods. d.lawenforcementandagriculture. 12.Atradeoffexistsbetweenacleanenvironmentandahigherlevelofincomeinthat a.studiesshowthatindividualswithhigherlevelsofincomepollutelessthanlow-incomeindividuals. b.effortstoreducepollutiontypicallyarenotcompletelysuccessful. c.lawsthatreducepollutionraisecostsofproductionandreduceincomes. d.employingindividualstocleanuppollutioncausesincreasesinemploymentandincome. 13.Whilepollutionregulationsyieldthebenefitofacleanerenvironmentandtheimprovedhealththatcomeswithit,theregulationscomeatthecostofreducingtheincomesoftheregulatedfirms’owners,workers,andcustomers.Thisstatementillustratestheprinciplethat a.tradecanmakeeveryonebetteroff. b.rationalpeoplethinkatthemargin. c.peoplefacetradeoffs. d.peoplerespondtoincentives. 14.Whensocietyrequiresthatfirmsreducepollution,thereis a.atradeoffbecauseofreducedincomestothefirms’ownersandworkers. b.atradeoffonlyifsomefirmsareforcedtoclose. c.notradeoff,sincethecostofreducingpollutionfallsonlyonthefirmsaffectedbytherequirements. d.notradeoff,sinceeveryonebenefitsfromreducedpollution. 15.Economistsusethewordequalitytodescribeasituationinwhich a.eachmemberofsocietyhasthesameincome. b.eachmemberofsocietyhasaccesstoabundantquantitiesofgoodsandservices,regardlessofhisorherincome. c.societyisgettingthemaximumbenefitsfromitsscarceresources. d.society’sresourcesareusedefficiently. 16.Efficiencymeansthat a.societyisconservingresourcesinordertosavethemforthefuture. b.society’sgoodsandservicesaredistributedequallyamongsociety’smembers. c.society’sgoodsandservicesaredistributedfairly,thoughnotnecessarilyequally,amongsociety’smembers. d.societyisgettingthemaximumbenefitsfromitsscarceresources. 17.Thepropertyofsocietygettingthemostitcanfromitsscarceresourcesiscalled a.efficiency. b.equality. c.externality. d.productivity. 18.Efficiency a.andequalitybothrefertohowmuchasocietycanproducewithitsresources. b.andequalitybothrefertohowfairlythebenefitsfromusingresourcesaredistributedbetweenmembersofasociety. c.referstohowmuchasocietycanproducewithitsresources.Equalityreferstohowevenlythebenefitsfromusingresourcesaredistributedamongmembersofsociety. d.referstohowevenlythebenefitsfromusingresourcesaredistributedbetweenmembersofsociety.Equalityreferstohowmuchasocietycanproducewithitsresources 19.Thetermsequalityandefficiencyaresimilarinthattheybothrefertobenefitstosociety.Howevertheyaredifferentinthat a.equalityreferstouniformdistributionofthosebenefitsandefficiencyreferstomaximizingbenefitsfromscarceresources. b.equalityreferstomaximizingbenefitsfromscarceresourcesandefficiencyreferstouniformdistributionofthosebenefits. c.equalityreferstoeveryonefacingidenticaltradeoffsandefficiencyreferstotheopportunitycostofthebenefits. d.equalityreferstotheopportunitycostofthebenefitsandefficiencyreferstoeveryonefacingidenticaltradeoffs. 20.Whichofthefollowingphrasesbestcapturesthenotionofefficiency? a.absolutefairness b.equaldistribution c.minimumwaste d.equitableoutcome    

External link to Question : 14.2   The Foreign Exchange Market 1) The largest trading of foreign : 1303578

Question : 14.2   The Foreign Exchange Market 1) The largest trading of foreign : 1303578

  14.2   The Foreign Exchange Market   1) The largest trading of foreign exchange occurs in A) New York. B) London. C) Tokyo. D) Frankfurt. E) Singapore.     2) Which of the following type of funds cater to wealthy individuals, are not bound by government regulations, and are actively traded in foreign exchange markets? A) pension funds B) mutual funds C) hedge funds D) […]

External link to Question : 41) A technological change ________ and a change in the : 1238552

Question : 41) A technological change ________ and a change in the : 1238552

  41) A technological change ________ and a change in the capital stock ________. A) shifts the productivity curve; shifts the productivity curve B) shifts the productivity curve; creates a movement along the productivity curve C) creates a movement along the productivity curve; shifts the productivity curve D) does not change the productivity curve; creates a movement along the productivity curve E) does not change […]

External link to Question : 61) The graph illustrates the supply of sweaters. Which of : 1238390

Question : 61) The graph illustrates the supply of sweaters. Which of : 1238390

  61) The graph illustrates the supply of sweaters. Which of the following events will increase the quantity supplied of sweaters? A) a rise in the price of a sweater B) a rise in the wage rate paid to the workers who make sweaters C) a rise in the expected future price of a sweater D) an increase in the number of sellers of sweaters […]

External link to Question : 41) If a firm in a perfectly competitive market faces : 1241229

Question : 41) If a firm in a perfectly competitive market faces : 1241229

    41) If a firm in a perfectly competitive market faces an equilibrium price of $5, its marginal revenue A) will be greater than $5. B) will be less than $5. C) maybe either greater or less than $5. D) will also be $5. E) will be any amount but $5. 42) If demand for a seller’s product is perfectly elastic, which of the […]

External link to Question : 51) Other things being equal, a closed economy will have : 1384396

Question : 51) Other things being equal, a closed economy will have : 1384396

    51) Other things being equal, a closed economy will have a ________ marginal propensity to spend and thus a ________ AD curve compared to an open economy with foreign trade. A) lower; flatter B) higher; flatter C) higher; steeper D) lower; rightward shift of the E) lower; leftward shift of the Answer:  B Diff: 3 Topic:  23.1c. slope and shifts of the AD […]

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