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3441EconomicsMedium

Which of the following is not TRUE about unemployed in LDCs?

AUnemployment in rural areas is twice that of urban areas

BThe unemployment rate for youths is twice that of people over 24

CThe unemployed are relatively well educated

DWorld-wide there are fewer unemployed females than males, but the rate is higher for women

Correct answer

D. World-wide there are fewer unemployed females than males, but the rate is higher for women

Explanation

The correct answer is World-wide there are fewer unemployed females than males, but the rate is higher for women.

3442EconomicsMedium

According to the classical economists, the only gainers from growth would be?

Apeasants

Bpoliticians

Clandlords

DThe army

Correct answer

C. landlords

Explanation

The correct answer is landlords.

3443EconomicsMedium

The fraction of change in income that is consumed or spend is called?

Athe marginal propensity to save

Bthe average propensity to consume

Cthe marginal propensity of expenditure

Dthe marginal propensity to consume

Correct answer

B. the average propensity to consume

Explanation

The correct answer is the average propensity to consume.

3444EconomicsMedium

The advantages of audience selectivity no ad competition and personalization apply to which type of media?

ARadio

BDirect Mail

CNewspapers

DTelevision

Correct answer

B. Direct Mail

Explanation

The correct answer is Direct Mail.

3445EconomicsMedium

Resources are defined as________?

Aeverything that is needed for the production of goods and services including human energy

Banything that is produced in factories

Canything that is derived from natural including

Danything that is manmade

Correct answer

A. everything that is needed for the production of goods and services including human energy

Explanation

The correct answer is everything that is needed for the production of goods and services including human energy.

3446EconomicsMedium

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan?

Awill remain the same

Bwill decrease

Ccould either increase of decrease

Dwill increase

Correct answer

D. will increase

Explanation

The correct answer is will increase.

3447EconomicsMedium

For the United States suppose the annual interest rate on government securities equals 12 percent while the annual inflation rate equals 8 percent For Japan the annual interest rate on government securities equals 10 percent while the annual inflation rate equals 5 percent the above variables would cause investment funds to flow from?

AThe United States to Japan causing the dollar to appreciate

BThe United States to Japan causing the dollar to depreciate

CThe Japan to United States, causing the dollar to depreciate

DThe Japan to United States, causing the dollar to appreciate

Correct answer

B. The United States to Japan causing the dollar to depreciate

Explanation

The correct answer is The United States to Japan causing the dollar to depreciate.

3448EconomicsMedium

The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures?

Afirms realize all economies of scale

Bfirms will be producing at minimum average cost

Cfirms will only earn a normal profit

Dthe efficient output level will be produced in the long run

Correct answer

C. firms will only earn a normal profit

Explanation

The correct answer is firms will only earn a normal profit.

3449EconomicsMedium

Disengagement refers to________?

Aaged persons abandoning their regular roles so that younger people may assume them

Ba pleasant interlude for the elderly

Caged persons maintaining their regular social roles

Da period before retirement

Correct answer

A. aged persons abandoning their regular roles so that younger people may assume them

Explanation

The correct answer is aged persons abandoning their regular roles so that younger people may assume them.

3450EconomicsMedium

If a fisher must sell all of his daily catch before it spoils for whatever price he is offered once the fish are caught the fisherman’s price elasticity of supply for fresh fish is?

Ainfinite

Bunable to be determined form this information

Czero

Done

Correct answer

C. zero

Explanation

The correct answer is zero.

Which of the following is not TRUE about unemployed in LDCs?

AUnemployment in rural areas is twice that of urban areas

BThe unemployment rate for youths is twice that of people over 24

CThe unemployed are relatively well educated

DWorld-wide there are fewer unemployed females than males, but the rate is higher for women

Correct answer

D. World-wide there are fewer unemployed females than males, but the rate is higher for women

Explanation

The correct answer is World-wide there are fewer unemployed females than males, but the rate is higher for women.

Resources are defined as________?

Aeverything that is needed for the production of goods and services including human energy

Banything that is produced in factories

Canything that is derived from natural including

Danything that is manmade

Correct answer

A. everything that is needed for the production of goods and services including human energy

Explanation

The correct answer is everything that is needed for the production of goods and services including human energy.

For the United States suppose the annual interest rate on government securities equals 12 percent while the annual inflation rate equals 8 percent For Japan the annual interest rate on government securities equals 10 percent while the annual inflation rate equals 5 percent the above variables would cause investment funds to flow from?

AThe United States to Japan causing the dollar to appreciate

BThe United States to Japan causing the dollar to depreciate

CThe Japan to United States, causing the dollar to depreciate

DThe Japan to United States, causing the dollar to appreciate

Correct answer

B. The United States to Japan causing the dollar to depreciate

Explanation

The correct answer is The United States to Japan causing the dollar to depreciate.

The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures?

Afirms realize all economies of scale

Bfirms will be producing at minimum average cost

Cfirms will only earn a normal profit

Dthe efficient output level will be produced in the long run

Correct answer

C. firms will only earn a normal profit

Explanation

The correct answer is firms will only earn a normal profit.

Disengagement refers to________?

Aaged persons abandoning their regular roles so that younger people may assume them

Ba pleasant interlude for the elderly

Caged persons maintaining their regular social roles

Da period before retirement

Correct answer

A. aged persons abandoning their regular roles so that younger people may assume them

Explanation

The correct answer is aged persons abandoning their regular roles so that younger people may assume them.