A pie graph would be best type of graph to show

a. a comparison of Internet use in various regions of the world
b. a comparison of Internet use in Europe in 2000 and 2005
c. the change in Internet use in Europe over the last five years
d. the increase in Internet use among teenagers in Europe


Ans: a. a comparison of Internet use in various regions of the world

Economics

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A large and diverse community has suffered a two-month drought

In attempting to deal with the crisis, four identifiable groups emerge: one decides to pray, a second decides to engage in a rain dance, a third decides to use modern meteorological principles and "seed" the clouds, and a fourth decides to do nothing. From the standpoint of economic theory, A) individuals in the first and second groups are acting irrationally and inefficiently. B) individuals in each group are acting efficiently, given their own values and understanding of ends and means. C) the third group is the smartest. D) the fourth group is the most selfish.

Economics

Financial intermediaries are

A) institutions that regulate financial instruments. B) organized exchanges where currencies are traded. C) organized exchanges where securities and financial instruments are bought and sold D) institutions that make loans to borrowers and obtain funds from savers.

Economics

All of the following are reasons for the downward-sloping aggregate demand curve except

A) as the price level decreases, the quantity demanded of real GDP decreases because goods and services are more expensive. B) as the price level increases, the real value of household wealth declines, reducing consumption. C) a higher price level increases the demand for money, causing an increase in the interest rate which reduces spending on investment goods and consumer durables. D) if the price level rises in a country relative to price levels in other countries, net exports will decrease in the original country.

Economics

Compute the actual investment in a mutual fund carrying a front-end load of 10 percent on a sum of $10,000 invested by an individual

a. $1,000 b. $10,000 c. $11,000 d. $9,000 e. $12,000

Economics