Expansionary fiscal policies are most appropriate when the economy is experiencing: a. a recessionary gap.

b. an inflationary gap.

c. a short-run equilibrium.

d. a long-run equilibrium.

Factor mobility aids in economic development when a region suffers a natural disaster such as an earthquake or tornado. a technological advance causes some firms to go out of business. there is an increase in both outsourcing and insourcing.

In one of its marketing campaigns, Bluebird Corporation compared one of its products with a competitor's product, intending to demean them.

In a dutch-internet auction, the highest price wins. a. true b. false

What does gdp tell economists about business cycles?

3. What is dollar voting? How can it affect the launch of the franchise into the new region?

The Inventory account is used in each of the following except: the entry to record goods purchased on account. the return of goods purchased. payment of freight on goods sold. payment within the discount period.

What are the advantages of having the federal reserve oversee the regulation of the banking system?

The Dow Jones Industrial Average is: a A good measure of the strength of the U. S. economy b Very stable from day to day c An indicator of the long-term value of stocks d Can predict global markets

An analysis of the accounts shows the following. 1. The equipment depreciates $248 per month. 2. One-third of the unearned rent was recognized as revenue during the quarter. 3. Interest of $550 is accrued on the notes payable. 4.

On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty: a. Fees accrued but unbilled at May 31 are $7,780. b. The supplies account balance on May 31 is $2,560.