Country Z is passing through a recession. Which group of economists is likely to believe that a shift of the aggregate demand curve has caused the recession?

A. Keynesians
B. Monetarists
C. Real Business Cycle theorists
D. Neoclassicists


Answer: A

Business

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Costs for which of the following activities would not be included as part of research and development (R&D) costs?

A) ?testing in search for or evaluation of product or process alternatives. B) ?adaptation of an existing capability to a particular requirement or customer's need as part of a continuing commercial activity. C) searching for applications of new research findings or of other knowledge?. D) ?design, construction, and testing or preproduction prototypes and models.

Business

Answer the following statements true (T) or false (F)

The key imperative postulate in ARS 1 appears to be stability of the monetary unit.

Business

On a bank reconciliation, the amount of an NSF check is:

A. added to the company's balance of cash. B. deducted from the bank balance of cash. C. deducted from the company's balance of cash. D. added to the bank balance of cash.

Business

?The marketing concept is

A. ?a management philosophy. B. ?synonymous with exchange. C. ?a component of the marketing mix. D. ?a function of the marketing environment. E. ?focused solely on satisfying customer objectives.

Business