41) A consumer is in equilibrium when the A) consumer is buying any combination of goods and services on his or her budget line. B) consumer is buying the combination of goods and services on the budget line and on the highest attainable indifference curve. C) marginal rate of substitution is as small as possible. D) marginal rate of substitution is as large as […]
*105.When using Microsoft© Excel to calculate the internal rate of return, which item can you safely omit from the function wizard and still calculate the internal rate of return? A.The initial cash flow B.The annual cash flows C.A guess at the internal rate of return D.None of these answer choices are correct *106.When using Microsoft© Excel to calculate the net present value, what […]
51) Suppose a theory predicts that lowering tuition fees at Canadian universities will increase enrollment from low-income households. If empirical evidence consistently rejects this prediction, then we A) need to amend the theory. B) should test the theory again. C) should change the empirical data. D) should increase tuition fees back to their initial level. E) change the exogenous variables in the theory. 52) […]
21) Increases in human capital can come A) only from formal schooling. B) from employing more machinery. C) only from on-the-job experience. D) from formal education and on-the-job learning. E) from nowhere because whatever human capital an individual possesses is what he or she was born with. 22) Expansion of a nation’s human capital can be achieved through A) education and training. […]
7.1 The Consumer Price Index 1) The CPI stands for A) Citizens Paying Index. B) Corporate Pricing Index. C) Consumer Paying Index. D) Consumer Price Index. E) Corporate/Consumer Payment Index. 2) The Consumer Price Index is calculated by the A) Bureau of Labor Statistics. B) Department of Labor. C) Department of Commerce. D) Federal Reserve Bank of New York. E) Society for Consumer […]
10.3 Government in Loanable Funds Market 1) For a government to add to the supply of loanable funds, it must A) borrow. B) have a budget surplus. C) have a budget deficit. D) raise the real interest rate. E) increase its investment demand. 2) If a government has a budget deficit, it must A) borrow in the loanable funds market. B) increase taxes. C) […]
18.4 Stabilization Policies with a Fixed Exchange Rate 1) By fixing the exchange rate, the central bank gives up its ability to A) adjust taxes. B) increase government spending. C) influence the economy through fiscal policy. D) depreciate the domestic currency. E) influence the economy through monetary policy. 2) Fiscal expansion under fixed exchange rates will have what temporary effect? A) […]
61.The following information was taken from the annual report of Jones Inc. 2015 2014 BALANCE SHEET Deferred income tax liability $29,700 $28,300 INCOME STATEMENT Income before taxes $88,000 Income tax expense (30,400) Net income $57,600 Effective income tax rate 40% What is Jones’s conservatism ratio? a. 1.02 […]
21.Immediately before a 15% stock dividend was declared and distributed on 20,000 shares of par $8 stock, the market price of the Coolidge Corporation’s stock was $18. Coolidge has total liabilities of $150,000 and total shareholders’ equity of $450,000. Required: (1)Give the journal entry to record the declaration and distribution of the stock dividend. (2)Calculate Coolidge’scurrent ratio immediately after the stock dividend […]
3.4 Misconceptions About Comparative Advantage 1) If a production possibilities frontier is bowed out (concave to the origin), then production occurs under conditions of A) constant opportunity costs. B) increasing opportunity costs. C) decreasing opportunity costs. D) infinite opportunity costs. E) uncertain opportunity costs. 2) If the production possibilities frontier of one trade partner (“Country A”) is bowed out (concave […]
You are a network engineer and have been asked to help optimize network performance. The IT Help Desk has been receiving reports of slow system response time by many individuals in the end user community. The problem seems to span across departments and buildings. Your organization utilizes a hybrid of its own servers located in the corporate data center and cloud computing services provided under contract with a well-known cloud service provider. You have been provided with a budget of $100,000 to purchase a tool that will help you improve network reliability and performance. Research the WebUtilizing course resources and external research, select and discuss 3 tools that can be used to test network reliability.
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