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1641EconomicsMedium

All of the following are methods by which a company can divide up its sales responsibilities EXCEPT?

Apychographic trait sales force structure

Bproduct sales force structure

Ccustomer sales force structure

Dterritorial sales force structure

Correct answer

A. pychographic trait sales force structure

Explanation

The correct answer is pychographic trait sales force structure.

1642EconomicsMedium

If Hong Kong and Taiwan have identical production possibilities curves that are subject to increasing opportunity costs?

ATrade would depend on economies of large-scale production

BThere would be no basis for gainful trade

CTrade would depend on the use of different currencies

DTrade would depend on difference in demand conditions

Correct answer

D. Trade would depend on difference in demand conditions

Explanation

The correct answer is Trade would depend on difference in demand conditions.

1643EconomicsMedium

Reserve requirements that may be imposed on an economy’s banks by its central bank specify that banks by its central bank specify that banks reserve must be a minimum percentage of them?

Aassets

Bgovernment bonds

Cdeposits

Dloans

Correct answer

C. deposits

Explanation

The correct answer is deposits.

1644EconomicsMedium

Which of the following crops is/are Cash Crop?

ATea

BJute

CCotton

DAll of above

Correct answer

D. All of above

Explanation

The correct answer is All of above.

1645EconomicsMedium

What is called the difference in the value of a nation’s imports over exports or exports over imports?

ABoth a & b

BNot a nor b

CTrade deficit

DTrade simples

Correct answer

A. Both a & b

Explanation

The correct answer is Both a & b.

1646EconomicsMedium

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

Acertificate of deposit with a longer time to maturity

BA certificate of deposit whose principal is payable at maturity

CA certificate of deposit with a shorter time to maturity

DA bond with a longer time to maturity

Correct answer

B. A certificate of deposit whose principal is payable at maturity

Explanation

The correct answer is A certificate of deposit whose principal is payable at maturity.

1647EconomicsMedium

Which condition is a major obstacle to economic development in the Middle East and Northern Africa?

Ascarcity of water resources

Black of access to world markets

Creliance on capitalist economic systems

Duse of strip mining to obtain minerals

Correct answer

A. scarcity of water resources

Explanation

The correct answer is scarcity of water resources.

1648EconomicsMedium

As prices rise. People will want to keep more money as cash and in bank accounts This is called?

Amoney illusion.

Bcash ratio.

Creal balance effect.

Dmenu costs of inflation.

Correct answer

C. real balance effect.

Explanation

The correct answer is real balance effect..

1649EconomicsMedium

A high degree of real wage flexibility will tend to reduce the cost to a country of joining a currency union because?

Areal wages fall and so offset the inflationary effect of switching from the old currency to the new common currency

BAll of the reasons given in these answers are correct

Cworkers will move from a country in which aggregate demand falls to other countries of the currency union, and so unemployment remains lower than it otherwise would

Dreal wages fall rapidly in a recession and the economy moves quickly back to long run equilibrium so limiting the duration of the recession even when exchange rate adjustment is not possible

Correct answer

D. real wages fall rapidly in a recession and the economy moves quickly back to long run equilibrium so limiting the duration of the recession even when exchange rate adjustment is not possible

Explanation

The correct answer is real wages fall rapidly in a recession and the economy moves quickly back to long run equilibrium so limiting the duration of the recession even when exchange rate adjustment is not possible.

1650EconomicsMedium

The low-income economies generally have the following except?

Adeficient infrastructures

Blow savings

Clow life expectancies

Da per capital GNP of more than $900

Correct answer

D. a per capital GNP of more than $900

Explanation

The correct answer is a per capital GNP of more than $900.

If Hong Kong and Taiwan have identical production possibilities curves that are subject to increasing opportunity costs?

ATrade would depend on economies of large-scale production

BThere would be no basis for gainful trade

CTrade would depend on the use of different currencies

DTrade would depend on difference in demand conditions

Correct answer

D. Trade would depend on difference in demand conditions

Explanation

The correct answer is Trade would depend on difference in demand conditions.

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

Acertificate of deposit with a longer time to maturity

BA certificate of deposit whose principal is payable at maturity

CA certificate of deposit with a shorter time to maturity

DA bond with a longer time to maturity

Correct answer

B. A certificate of deposit whose principal is payable at maturity

Explanation

The correct answer is A certificate of deposit whose principal is payable at maturity.

A high degree of real wage flexibility will tend to reduce the cost to a country of joining a currency union because?

Areal wages fall and so offset the inflationary effect of switching from the old currency to the new common currency

BAll of the reasons given in these answers are correct

Cworkers will move from a country in which aggregate demand falls to other countries of the currency union, and so unemployment remains lower than it otherwise would

Dreal wages fall rapidly in a recession and the economy moves quickly back to long run equilibrium so limiting the duration of the recession even when exchange rate adjustment is not possible

Correct answer

D. real wages fall rapidly in a recession and the economy moves quickly back to long run equilibrium so limiting the duration of the recession even when exchange rate adjustment is not possible

Explanation