Managerial economics seeks to accomplish all of these goals EXCEPT:
a. identify the alternatives
b. select the choice that accomplishes the objective most efficiently
c. take into account the opportunities
d. take into account the likely actions & reactions of rival decision makers
e. all of the above
c
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To shift the RS curve rightward as illustrated, the Fed has ________ government securities in the open market. The Fed will undertake this type of policy if it is concerned about ________
A) sold; recession B) sold; inflation C) bought; recession D) bought; inflation E) None of the above answers is correct.
Zelzar has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it is importing incense, exporting steel, and neither importing nor exporting rugs. Which groups in Zelzar are better off as a result of the new free-trade policy?
a. producers of incense and consumers of steel b. consumers of all three goods c. consumers of incense and producers of rugs d. producers of steel and consumers of incense
Which of the following is correct? i. A surplus puts downward pressure on the price of a good. ii. A shortage puts upward pressure on the price of a good. iii. There is no surplus or shortage at equilibrium. Question 14 options:
A. i and ii. B. ii and iii. C. i, ii, and iii. D. only iii. E. i and iii.
The primary objective of most central banks in industrialized economies is:
A. low unemployment. B. high securities prices. C. price stability. D. a strong domestic currency.