If the price of inputs falls and the level of consumer indebtedness rises:
a. Price index falls, and real GDP rises.
b. Price index falls, and real GDP falls.
c. Price index falls, and the change in real GDP is uncertain.
d. The change in price index is uncertain, and real GDP rises.
e. The change in price index is uncertain, and real GDP falls.
.C
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Neoclassical growth theory predicts that
A) population growth rates slow as employment opportunities for women increase. B) population explosions decrease real GDP per person. C) economic growth leads to technological change. D) the pursuit of profit creates perpetual growth.
Providing information to internal users' decision making is the purpose of which of the following?
a. Management Reports b. Tax forms c. Financial statements d. Vendor list
Beta coefficients are always greater than standardized coefficients.
Answer the following statement true (T) or false (F)
Which of the following assumptions best explains how people make decisions, according to economists?
a. People make the best choice they can because they do not want to make themselves worse off. b. Money incentives matter the most because no matter how much people have they want more. c. Few people are systematic about decision making, and many disregard their own values. d. Individuals consider past experiences but fail to evaluate expected future circumstances.