What does the process of specialization do for an economy?

A. It eliminates unemployment.

B. It makes production more efficient.

C. It fosters competition.

D. It makes labor easier to control.

Suppose workers notice a fall in their nominal wage but are slow to notice that the price 0fthings (actual p 'ce level!) they consume have fallen by the same percentage.

A cap and trade system: 1. was used in nineteenth-century England to limit coal consumption. 2. encourages fair trade by limiting the amount of many vegetables that can be imported from Mexico. 3.

The bank statement for Allen Co. indicates a balance of $8,000.00 on June 30. After the journals for June had been posted, the cash account had a balance of $3,675.00.

Boards of directors in the united states are required to staff their compensation committees exclusively with outside directors. a. True b. False

Lee Company has a current ratio of 2.65. The acid test ratio is 2.01. The current liabilities of Lee are $45,000. The dollar amount of merchandise inventory is: (Assume no prepaid expenses) $28,008 $28,800 $90,450 $90,540 None of these

Kinslow Manufacturing Company paid a dividend yesterday of $2.50 per share. The dividend is expected to grow at a constant rate of 5% per year. The price of Kinslow's common stock today is $25 per share.

What is the future value of $375 at an interest rate of 3 percent one year from today? a. $371.75 b. $393.33 c. $386.25 d. none of the above are correct to the nearest cent?

Which futurist scenario was envisioned by think tanks and special planning bodies immediately after world war ii?

Which of the following best illustrates the importantance of addressing the three questions of economics

A person borrows $200 to be repaid in 8 years with 14% annually compounded interest. The loan may be repaid at the end of any earlier year with no prepayment penalty. a. What amount will be due if the loan is repaid at the end of year 1? b.