The costs of inflation to firms due to reprinting price lists are known as
A) seigniorage.
B) menu costs.
C) velocity costs.
D) shoe-leather costs.
B
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Governments can increase the likelihood of economic development by
What will be an ideal response?
Which of the following is true of the management function of directing/leading? Group of answer choices
a. All managers are involved in directing/leading, but it is most important for top- level managers. b. Directing/leading designs the map that lays the groundwork for the other managerial functions. c. Good directing/leading does not require the implementations of deadlines. d. Directing/leading involves determining and administering appropriate rewards and recognition e. Telling employees what to do and when to do it is against the principles of directing/leading.
Diminishing returns occurs because:
A. not enough people have jobs. B. one of the inputs in the production process is fixed. C. consumers don't buy enough of the products produced. D. two people have not satisfied their self-interests.
The quantity of money people are willing and able to hold at alternative interest rates, ceteris paribus, is known as the
A. Supply of money. B. Demand for money. C. Equilibrium of money. D. None of the choices are correct.