During 2016, Yolanda's assets equal $200,000 and her net worth is $50,000. Yolanda's liabilities are
A. $50,000.
B. $150,000.
C. $200,000.
D. $250,000.
Answer: B
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Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, as the economy moves from Point B to Point D, the opportunity cost of motorcycles, measured in terms of hybrid cars,
A. increases B. remains constant. C. initially increases, then decreases. D. decreases.
Which factor of production is paid "profit"?
A) entrepreneurship B) human capital C) labor D) land E) capital
What is the problem with paying plant managers in multi-plant firms according to how much each plant produces relative to its capacity?
A) Managers in low-cost or high-capacity plants could be penalized, in percentage terms, for their overproduction. B) The production problem in multi-plant firms is usually how to lower production to increase market power, not how to increase production. C) Managers in high-cost or low-capacity plants could be penalized for production constraints over which they have no control. D) Managers would have an incentive to understate the productive capacity of their plants. E) Managers would have an incentive to overstate the productive capacity of their plants.
The equation u2t = 0+
1u2t-1 + vt is an autoregressive model in _____.
A. ut B. u2t C. vt D. ut -1