The annual cost of spam is estimated near ______.
a. $20 million
b. $20 billion
c. $2 trillion
d. $200 trillion
b. $20 billion
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The difference between a business plan and a scenario plan is:
a. A scenario plan is a one-to-three year planning document, but the business plan is a 10-to-20 year planning document. b. Really, there is no difference c. A scenario plan is like a capital budgeting plan. In short, it is for one scenario. But a business plan is for three to five years. d. A scenario plan is a long-term planning document (normally 10 to 20 years), and a business plan is a three-to-five year plan. e. None of the above.
Concentration ratios measure the percentage of industry sales for the top ________ firms.
Fill in the blank(s) with the appropriate word(s).
Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
A straight-line production possibilities curve has
A) an increasing opportunity cost between the two goods. B) a decreasing opportunity cost between the two goods. C) a constant opportunity cost between the two goods. D) no opportunity cost between the two goods.