The value of goods and services purchased by households during a particular period is called:

On September 1, 2012, Daylight Donuts signed a $200,000, 8%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 1, 2013.

For purposes of calculating GDP using the expenditure approach, which of the following payments is not included in the government spending component? A. Social Security pensions B. The wages paid by a local government to its road crew C.

The debits to Work in Process-Assembly Department for May, together with data concerning production, are as follows: May 1, work in process: Materials cost, 3,000 units $ 8,000 Conversion costs, 3,000 units, 66.

Nash equilibrium is achieved between firms a and b when each firm chooses its best strategy regardless of the other firm's strategy. other strategies could be used by a that would be better for the firm given the firm b strategy.

The four conditions (mutual exclusion, hold and wait, no preemption and circular wait) are necessary for a resource deadlock to occur. Give an example to show that these conditions are not sufficient for a resource deadlock to occur.

The American Recovery and Reinvestment Act was a reaction to what event in the United States? a. The economic crisis of 2008 b. The terrorist attacks of 9/11 c. The war in Afghanistan d. The war in Iraq

Which statement best explains the law of demand? O The quantity demanded by consumers increases as prices rise, then decreases as prices fall. The quantity demanded by consumers decreases as prices rise, then increases as prices fall.

In three to four sentences, explain how an increase in government spending can increase the national debt.

A function that indicates the maximum output per unit of time that a firm can produce, for every combination of inputs with a given technology, is called A. a production possibility curve. B. a production function. C. an isocost function. D.

Suppose the bond has 10 year to maturity, and the bond has a 5% yield (that is, annual return). what price does this bond sell for? what if the yield of the bond is 6%?