Which of the following barometric indicators would be the most helpful for forecasting future sales for an industry?
a. lagging economic indicators.
b. leading economic indicators.
c. coincident economic indicators.
d. wishful thinking
e. none of the above
b
You might also like to view...
Which of the following statements about mutual funds is correct?
a. A mutual fund is not a financial intermediary. b. A disadvantage of buying mutual funds is a lack of diversification c. People who buy shares from a mutual fund are guaranteed a minimum return. d. On average index funds outperform managed funds.
Luther experiments with explosives and designs fireworks. Oftentimes he overloads a firework and shatters his neighbors’ windows. What does his negative impact on others best represent?
a. pecuniary cost b. nonpecuniary cost c. moral hazard d. adverse selection
The basic difference between consumer goods and capital goods is that:
A. consumer goods are produced in the private sector and capital goods are produced in the public sector. B. an economy that commits a relatively large proportion of its resources to capital goods must accept a lower growth rate. C. the production of capital goods is not subject to the law of increasing opportunity costs. D. consumer goods satisfy wants directly while capital goods satisfy wants indirectly.
Monitoring the performance of the people managing the firm is easiest in the case of
A) proprietorships. B) partnerships. C) corporations. D) S corporations.