A factor market is
A. where goods are made.
B. where goods are exchanged.
C. organized by government.
D. where resources are exchanged.
Answer: D
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Explain what potential conflict exists between shareholders in a corporation and the corporation's managers
What will be an ideal response?
Forecasts based on an economic theory as opposed to historical data are called
A) causal econometric forecasts. B) non-time-series forecasts. C) dummy forecasts. D) explanatory variable forecasts.
Assume that foreign capital flows into a nation rise due to expected increases in stock market appreciation. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the reserves account and monetary base in the context of the Three-Sector-Model? a. The reserves account becomes more negative (less positive) and monetary base falls
b. The reserves account becomes more negative (less positive) and monetary base falls. c. The reserves account and monetary base remain the same. d. The reserves account becomes more negative (less positive) and monetary base rises. e. There is not enough information to determine what happens to these two macroeconomic variables.
If the government decides to build a new highway, the first step would be to conduct a study to determine the value of the project. The study is called a
a. budget analysis. b. project analysis. c. reimbursement analysis. d. cost-benefit analysis.