If the producer price index goes up:

a. Economic growth has increased.

c. There has been an increase in demand for producers.

b. Price paid by producers for factor inputs has gone up.

d. The money supply has increased but not as much as GDP.

Is the first step a firm should take while setting the price for a product?

If government tax revenues change automatically and in a countercylical direction over the course of the business cycle, this would be called a (n) : 
A. Discretionary fiscal policy
B. Expansionary fiscal policy
C. Political business cycle
D.

Which days can be selected as the first day of the week for a calendar?

The relative price of any commodity is its price in terms of A. dollars. B. foreign currencies. C. another commodity. D. gold.

A department using the FIFO method for process costing begins the month with 10,000 units which were 70% complete at the end of the previous month.

When interest rates rise, how might businesses and consumers change their economic behavior?

Which of the following statements is true according to the two-factor theory? A. Recognition is a hygiene factor. B. The hygiene factors tend to be intrinsic factors. C. Adequate hygiene factors ensure that people are not dissatisfied. D.

What is the present value of a $100 perpetuity if the interest rate is 10%? Round your answer to the nearest cent.

When a business wants to change an accounting method for tax reporting, such as the cost-flow method used for inventory, what body must give permission for the change?

A. Grooming USA charges $25 for every pet that is groomed. Let x represent the number of pets groomed in a month. Define a revenue function for the business.