External link to Question : 83. Assuming that an asset has been fully depreciated according to : 1284599

Question : 83. Assuming that an asset has been fully depreciated according to : 1284599

    83. Assuming that an asset has been fully depreciated according to its MACRS class life, which of the following statements is correct concerning the value of the asset?  A. Its market value is zero. B. Its book value is zero. C. Its book value is the current market value. D. It has neither book value nor market value. 84. Why is it likely that firms use straight-line depreciation methods […]

External link to Question : 22) The term tax incidence refers to A) the degree of : 1388030

Question : 22) The term tax incidence refers to A) the degree of : 1388030

  22) The term tax incidence refers to A) the degree of progression of a tax. B) the actual division of the burden of a tax between buyers and sellers in a market. C) the amount of revenue government collects from a tax imposed on a good or service. D) whether the burden of a tax rests more heavily on those with higher incomes or […]

External link to Question : 61) A price ceiling a government regulation that makes it : 1226552

Question : 61) A price ceiling a government regulation that makes it : 1226552

  61) A price ceiling is a government regulation that makes it illegal to charge a price A) below the equilibrium price. B) above the equilibrium price. C) for a good or service. D) above some specified level. E) below some specified level.   62) When a price ceiling is set below the equilibrium price, the quantity supplied ________ the quantity demanded and ________ exists. […]

External link to Question : 11) Which of the following would be considered unemployed as : 1238464

Question : 11) Which of the following would be considered unemployed as : 1238464

  11) Which of the following would be considered unemployed as part of normal labor market turnover? i.Juliet, who was fired when the company where she worked went bankrupt in a recession ii.Hannah, who quit her job to find one that better suited her skills iii.Charlotte, who started looking for a job upon graduation from high school A) ii and iii B) i and ii […]

External link to Question : 1.              Rank the following types of electromagnetic radiation from shortest : 1335451

Question : 1.              Rank the following types of electromagnetic radiation from shortest : 1335451

1.              Rank the following types of electromagnetic radiation from shortest wavelength to longest wavelength:  visible, ultraviolet, microwave, infrared, x-ray. A)x-ray < visible < ultraviolet < infrared < microwave B)x-ray < ultraviolet < visible < microwave < infrared C)x-ray < ultraviolet < visible < infrared < microwave D)infrared < microwave < ultraviolet < visible < x-ray E)microwave < infrared < visible < ultraviolet < x-ray   […]

External link to Question : 41) What happens if a nation has allowed a case : 1353311

Question : 41) What happens if a nation has allowed a case : 1353311

  41) What happens if a nation has allowed a case against it to be brought before the ICJ (International Court of Justice) and then refuses to accept a judgment against it? A) American Arbitration Association can be sought for justice. B) UN Conference on International Trade Law can be approached. C) International Chamber of Commerce will be another source for seeking justice. D) European […]

External link to Question : 30) A voluntary export restraint an agreement negotiated by two : 1388266

Question : 30) A voluntary export restraint an agreement negotiated by two : 1388266

  30) A voluntary export restraint is an agreement negotiated by two countries that places ________ that can be imported by one country from another country. A) a tax on goods B) a minimum quantity of a good C) quality standards on goods D) a numerical limit on the quantity of a good       31) In the 1980s, Japan agreed to limit the […]

External link to Question : 49) A final good one that A) used in the : 1388280

Question : 49) A final good one that A) used in the : 1388280

    49) A final good is one that A) is used in the production of another good. B) is a natural resource used to produce a good. C) is purchased as an input in the production process. D) is purchased by its final user.     50) How are intermediate goods treated in the calculation of GDP? A) Their value is not counted separately, […]

External link to Question : 3.2   Opportunity Cost 1) In a production possibilities frontier graph, the : 1238996

Question : 3.2   Opportunity Cost 1) In a production possibilities frontier graph, the : 1238996

  3.2   Opportunity Cost 1) In a production possibilities frontier graph, the cost of producing more units of a good is measured by the A) dollar value of the resources used to produce the good. B) amount of the other good or service that must be forgone. C) dollar value of the additional output. D) area in the arc between the PPF and a straight […]

External link to Question : 21) The Fed’s use of the ________ as an operating : 1373807

Question : 21) The Fed’s use of the ________ as an operating : 1373807

  21) The Fed’s use of the ________ as an operating target in the 1970s resulted in ________ monetary policy. A) federal funds rate; countercyclical B) federal funds rate; procyclical C) M1 money supply; countercyclical D) M1 money supply; procyclical   22) In the 1970s, the Fed selected an interest rate as an operating target rather than a reserve aggregate primarily because it A) had […]

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