As per HOMEWORKLIB POLICY and guideline, the first-four MCQs are answered below:
20.
Answer: C
This is the payroll-related tax which is contributed both employers and employees equally. Employees’ contribution is deducted from their salary but employers’ contribution doesn’t reduce salary.
21.
Answer: T
This is the shift of income, which is not productive, means the receiver do not produce anything; therefore, there is no final product and no GDP.
23.
Answer: C
This curve indicates various combinations of production possibilities between two products. An outward shift indicates a growth in production possibilities, since this gives higher quantities of production than earlier.
- + r Fit to pag MULTIPLE CHOICE. Choose the one alternative that best completes the...
a budget is best described as: MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A budget is best described as: A) A formal statement of a company's future plans usually expressed in monetary terms. B) The most crucial component of a company's evaluation process. C) The minimum acceptable performance level. D) An informal statement of company's future plans usually expressed in monetary terms. E) A master control device.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question. 1) Real assets in the economy include all but which one of the following? A) common stock B) land C) consumer durables D) buildings
help MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Refer to the information provided in Figure 23.5 below to answer the question(s) that follow, Aggregate saving (in billions) 400 800 900 Aggregate income (in billions) Figure 23.5 1) 1) Refer to Figure 23.5. If aggregate consumption is the only expenditure in this society, at an income level of $800 billion A) consumption equals income. B) saving is zero. C) the economy is in...
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 21) 21) "Demand-pull inflation" refers to A) any inflation that is originally caused by a rightward shift of the AD curve but is maintained at a constant level by monetary validation. B) only the inflation that results from an expansionary monetary policy. C) any inflation that is originally caused by a rightward shift of the AD curve but is accelerating due to monetary validation. D)...
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 5) Monopoly is a market structure in which: A) one firm makes up the entire market. B) many firms produce differentiated products. C) many firms produce identical products. D) a few firms dominate the market. 6) A market structure in which one firm makes up the entire market is: A) perfect competition. B) an oligopoly. C) monopolistic competition. D) a monopoly. 7) The demand curve...
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Determine whether the alternative hypothesis is left-tailed, right-tailed, or two-tailed. H: H=78 H: A < 78 A) two-tailed B) left-tailed C) right-tailed
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 15) 15) A local bank needs information concerning the checking account balances of its customers. A random sample of 15 accounts was checked. The mean balance was $686.75 with a standard deviation of $256.20. Find a 98% confidence interval for the true mean. Assume that the account balances are normally distributed. A) ($238.23, $326.41) B) ($487 31, $563.80) © ($513.17, $860.33) D) ($326.21, $437.90)
Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement Solve the system by addition. 1) x 4y 18 -6x + 3y = 54 B) 1(6.71
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Solve the system of equations. 1) X1 + x2 + x3 = 6 1) *1 x2 +3x3 - 11 A) (-1, 2, -3) B) (0,1,2) C) No solution D) (1,2,3) Determine whether the system is consistent. 2) X-YAVA-15
Check my answers please ?? MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) 1) The use of government taxes and spending to alter economic outcomes is known as A) Incomes policy Q) Monetary policy B) Foreign trade policy. D) Fiscal policy A- 2) 2) If full-employment output exceeds equilibrium output, greater deficit spending will result A) Smaller recessionary gap C) Smaller inflationary gap. B) Larger recessionary gap. D) None of the choices...