What does the following define? Even though most public goods come from taxes, they often appear to be free. If people think something is free they will overuse it. A. utility theory B. moral hazard C. free-rider problem D. public choice theory

Jane finds a material misstatement while auditing a client's accounts receivables. her senior tells her to ignore the misstatement so that the client does not get upset. jane wants to be viewed as a team player in order to advance in the firm.

A factory pays its employees on Wednesdays, and on Thursdays, employee productivity seems to be a little slow. The productivity gradually increases over the week and reaches its peak on Wednesday.

Which one of the following parties has ultimate control of a corporation? A. chairman of the Board B. board of directors C. chief executive officer D. chief operating office E. shareholders

When a person has a comparative advantage in producing a good or service, the person has A. a higher opportunity cost in producing that product than someone else. B. a constant opportunity cost in producing that product. C.

The united states has a budget deficit of over $18 trillion dollars. a budget deficit occurs when a nation

The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 42,800 Current assets $ 17,500 Long-term debt $ 37,000 Costs 35,500 Fixed assets 68,300 Equity 48,800 Taxable income $ 7,300 Total $ 85,800

Which of the following is a positive economic statement? A. The government should implement a national consumption tax. B. The standard of living in the United States is too low. C. The U. S.

Rachel is working on a project that technically allows three activities to be done at the same time. if they were to be implemented at the same time, she would need 5 contractors in order for the activities to be completed on time.

In one to three sentences, describe reliable financial information.

When using statistics to support a speech, it is best to do all of the following except: a. use statistics to quantify ideas. b. use statistics to explain. c. present statistics with charts or graphs so it is easier for listeners to grasp d.