Which icon does not appear in the Vendors section for service companies that do not sell inventory?
a. Receive Inventory
b. Pay Bills
c. Enter Bills
d. All of these
a. Receive Inventory
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If the fluctuations in the economy’s real growth rate from year to year are caused primarily by variations in the rate at which aggregate supply increases, then data would show
A. a cyclical relationship between inflation and unemployment. B. a direct relationship between inflation and unemployment. C. an inverse relationship between inflation and unemployment. D. no relationship between inflation and unemployment.
One purpose of regulation of financial markets is to
A) limit the profits of financial institutions. B) increase competition among financial institutions. C) promote the provision of information to shareholders, depositors and the public. D) guarantee that the maximum rates of interest are paid on deposits.
Factor that always stays the same
a. dependent variable b. independent variable c. constant d. correlation
Which statement most accurately describes economics?
A) Economics is the study of how people make money. B) Economics is the study of how people make choices to satisfy their wants. C) Economics is the study of social values a society should choose. D) Economics is the study of how to eliminate scarcity.