As competition increases, prices a. usually increase as well

b. are not affected so will usually not change

c. usually will decrease

d. There is no way to predict what will happen to

prices due to competition.

Crane Company had the following account balances: Sales revenue $ 445000 Cost of goods sold 218000 Salaries and wages expense 28500 Depreciation expense 58500 Dividend revenue 10500 Utilities expense 24000 Rent revenue 58000 Interest expense 35500

When the economy is at full employment, a) the cyclically adjusted budget will show a surplus and the actual budget will show a deficit. b) the actual budget will show a surplus and the cyclically adjusted budget will show a deficit.

When immigration adds to the size of the domestic labor pool which is likely to occur?

Jim is a salaried employee whose job is to develop content for online Web sites. He discovers that he is paid substantially more than his colleagues even though their jobs and levels of performance are very similar.

The economizing problem faced by a society is Question 73 options: A) a consequence of the fact that productive resources are scarce relative to economic wants. B) that product prices often rise more rapidly than incomes of consumers.

The Fisher effect:a. says the government can generate revenue by printing money. b. explains how prices adjust to obtain equilibrium in the money market. c. says there is a one for one adjustment of the nominal interest rate to the inflation rate. d.

Sandra has a young child and would like to set money aside for her college education. Which type of savings option should Sandra choose? money market account treasury security basic savings plan 529 plan

A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $16 per hour per employee.

Leah, the CEO of SteadyResults Corp., feels that she is underpaid, so she hires a compensation consultant to survey actual competitors of the company. According to agency theory, if SteadyResults performs poorly, her salary will most likely:

To calculate your return on a stock: If you bought a stock at $80 and earned a $3.00 dividend over the year and at the end of the year the stock value was $84, your return would be: a. 8.75% b. 8% c. 9% d. 9.25%