Dishonesty in business dealings is called
a. fraud
b. cheating
c. theft
d. corruption
e. b, c, and d
a. fraud
You might also like to view...
As is shown by the example of college dropout Bill Gates, more education does generally not pay off
a. True b. False
Assume that a hurricane in Brazil destroys half of the coffee crop. Considering that Brazil is a major coffee producing country, consumers expect the price of coffee to increase in the near future. How does this reflect on the demand for coffee?
a. There is a movement upward along the demand curve for coffee. b. The demand curve for coffee shifts inward. c. The demand curve for coffee shifts outward. d. There is a movement downward along the demand curve for coffee. e. The demand for coffee declines.
Answer the following statement(s) true (T) or false (F)
1.Money market equilibrium occurs at that real interest rate where the quantity of money demanded equals the quantity of money supplied. 2.In the long run, if the money supply rises by 20 percent, the price level rises by 20 percent. 3.During an economic recession, the Fed will engage in a contractionary monetary policy. 4.By implementing a contractionary monetary policy, the Fed decreases the money supply and increases interest rates. 5.If the economy is at full employment, an increase in money supply will create a new equilibrium that cannot be sustained.
What is the dumping argument for protection from international trade?
A) Domestic firms must be protected until they gain a comparative advantage. B) Any firm necessary in wartime must be protected. C) Foreign producers selling below cost to drive domestic firms bankrupt must be stopped. D) Domestic jobs must be protected from competition from low-paid foreign workers. E) Foreigners selling products in the economy limit the nation's diversity and stability.