Saving is
a. helpful for production but not necessary
b. not useful for production because they imply a decrease in consumption
c. required for production
d. not useful for production because it is not a resource
e. not useful for production because savers must be paid interest
C
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Which of the following is NOT an example of ways in which microeconomic analysis can help Toyota Motor Corporation its in corporate decision making?
A) Forecasting demand for new automobiles B) Determining how many automobiles to produce in order to maximize profits C) Predicting how competitors will react to the firm's pricing strategy D) Forecasting the effect of Toyota's hiring patterns on the U.S. unemployment rate E) Forecasting the effect of an oil price increase on demand for hybrid autos
Compensation of employees:
a. excludes the monetary value of fringe benefits. b. excludes paid vacations. c. is the largest component of GDP. d. excludes employer's taxes paid for employees' Social Security. e. includes rental income.
From the perspective of a bank, the objectives of ________ and ________ are at odds with one another
a. profitability; cost minimization b. accepting deposits; making loans c. asset liquidity; the holding of bank reserves d. liquidity; profitability
In the _______ range of the aggregate supply curve, expansionary fiscal policy that causes aggregate ______ to increase will lead to a higher price level and a higher equilibrium level of real GDP. ?
A. ?Keynesian, supply B. ?Classical, demand C. ?Intermediate, demand D. ?Intermediate, supply