Reference no: EM13698279
1. The text defines an economic system as
a. the set of institutional arrangement used to allocate scarce resources.
b. the movement of capital between countries.
c. how wealth is distributed and created in a country.
d. the natural resource available.
2. Dynamic efficiency measures
a. how much output is being produced from a fixed volume of inputs.
b. how efficiently inflation is being managed.
c. the trade off between inflation and unemployment.
d. of the above.
3. Which of the following legal forms of business organization provides for limited liability?
a. The sole proprietorship.
b. The partnership.
c. The corporation.
d. of the above.
4. In a “perfect market”
a. all buyers have the same income.
b. all buyers have gathered different amounts of information.
c. all buyers are identical.
d. buyers pay the same price for the same product.
5. Privatization in transition economies is often justified on the grounds of increasing
a. efficiency.
b. attention to fiscal deficits.
c. expansion of the money supply.
d. of the above.
|
Production function short-run-long-run production function
: The table below represents the production function for Hawg Wild, a small catering company specializing in barbecued pork. The numbers in the cells represent the number of customers that can be served with various combinations of labor and capital. I..
|
|
Describe your personal values and spiritual beliefs
: Describe your personal values and spiritual beliefs.2) Using the elements of cost, quality, and social issues to frame your description, differentiates your beliefs and opinions about health care policy. Give examples of relevant ethical princip..
|
|
Is market capitalism necessary for freedom
: Is market capitalism necessary for freedom? Explain why or why not. Are market economies necessarily “capitalist” and are command economies necessarily “socialist”? Why or why not? What causes macroeconomic instability of market capitalism? Explain. ..
|
|
Compute the irr and mirr for project erie
: Based on the cash flows shown in the chart below, compute the IRR and MIRR for Project Erie. Suppose that the appropriate cost of capital is 12 percent. Advise the organization about whether it should accept or reject the project.
|
|
Dynamic efficiency measures
: The text defines an economic system as. Privatization in transition economies is often justified on the grounds of increasing. Which of the following legal forms of business organization provides for limited liability? Dynamic efficiency measures
|
|
What does the consolidated statements of earnings
: What does the Consolidated Statements of Earnings-the income statement-tell you about the company and why is this statement important? What business decisions could be made using the income statement?
|
|
Cash-basis method
: What standard-setters have said as to the superiority of accrual accounting relative to a cash basis. Do you agree with the justification offered for accrual accounting - Would a cash basis be easier or harder to audit than an accrual basis? Why?
|
|
The rights of an accused person in a judicial system
: The differences in the rights of an accused person in a judicial system
|
|
Compare the use of privatization
: Compare the use of privatization, e-corporation, and militarization of criminal justice organizations with current organizational structures.Compare historical and traditional organizational behavior theories, and the effect of societal and organ..
|