In order to ________, a government must decrease spending and increase taxation
A) increase aggregate demand B) decrease aggregate supply
C) increase aggregate supply D) decrease aggregate demand
D
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Brokers, in contrast to security dealers
A) hold inventories of securities. B) make their income through commissions. C) make their living on the spread between the bid price and the asked price. D) buy and sell securities at given prices.
Which type of audit features the task of interviewing employees?
a. financial statement audit b. salary audit c. operational audit d. compliance audit e. integrated audit
An imperfectly competitive firm is one that:
A. seeks to maximize revenue. B. has at least some influence over the market price. C. charges any price it wants. D. faces a perfectly inelastic demand curve.
Three variables are related and two of them are plotted in a figure. If the variable that is not measured on either the x-axis or the y-axis changes, then there is
A) a movement along the drawn curve. B) no impact on the curve because the variable is not measured on either of the axes. C) a shift in the curve. D) either a shift in the curve or a movement along the curve, but more information is needed to determine which. E) None of the above answers is correct.