The economy is in equilibrium, TP = TE. Then, autonomous consumption rises. As a result, __________ rises, the __________ curve shifts __________, inventory levels unexpectedly __________, and business firms __________ the quantity of goods and services they produce
A) consumption; TE; downward; fall; increase
B) consumption; TE; upward; fall; increase
C) consumption; TE; upward; rise; decrease
D) investment; TE; upward; fall; increase
E) investment; TP; leftward; fall; increase
B
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The decline in U.S. housing prices starting in 2007:
A. had essentially no impact on the rest of the U.S. economy. B. led to a sharp increase in consumer spending on other good and services. C. was followed by a large increase in employment. D. prompted many to sell their houses, causing house prices to fall further.
Based on the figure above, in which quarter or quarters did a recession occur?
A) between 2013, 2nd quarter to 2014, 2nd quarter B) between 2012, 2nd quarter to 2013, 2nd quarter and also between 2014, 2nd quarter to the end of the figure C) in 2013, 2nd quarter D) after 2013, 2nd quarter E) between 2014, 1st quarter to 2014 2nd quarter
Which of the following is a reason there are divisional conflicts over the transfer price?
a. the manager of the upstream division prefers a transfer price that is too high b. the manager of the downstream division prefers a transfer price that is too low c. the corporate headquarters does not have enough information to determine the correct transfer price d. all of the above
In the foreign exchange market where French francs are traded for Japanese yen, a decrease in the interest rate in France is most likely to cause:
a. a decrease in the yen price of the French franc. b. an increase in the interest rate in Japan. c. an increase in the yen price of the French franc. d. an increase in the demand for French francs. e. an increase in the supply of yen.