Which of the following is likely to lead to a recession according to Keynesian economists?
A. An decrease in money supply
B. An increase in the price of oil
C. A decrease in the rate of inflation
D. A fall in spending by consumers
Answer: D
You might also like to view...
When Marc actively attempts to de-marginalize himself and the group he belongs to, he is using which strategy?
a. Active b. Passive c. Aggressive d. Confrontational
Which of the following relating to not-for-profit accounting for contributions is false?
a. All contributed services should be recognized. b. Contributions received should be recognized as revenues in the period received. c. Service contributions should be valued at the fair value of services or the resulting increase in assets. d. Contributions received should be recognized at their fair values.
Which of the following statements about C-V-P is false?
a. If the sales price per unit decreases, the break-even point will increase. b. If the variable cost per unit decreases, the break-even point will decrease. c. If the total fixed costs decrease, the break-even point will decrease. d. If the contribution margin per unit increases, the break-even point will increase.
A variable cost in total
A) increases as output increases B) remains constant at all levels of output C) is the benefit given up when one alternative is chosen over another D) decreases as output increases