Tag: Economics – Others

The shorter the time until a payment the
lower must be the interest rate.
higher the present value.
higher must be the interest rate.
lower the present value because time is valuable.

Which of the following was one of the places where the passion for equalitymanifested itself following the American Revolution?the Constitutional ConventionCongressthe militarystate legislatures

Which one of the following does NOT represent a key macroeconomic variable?
04The unemployment rate
OB The inflation rate.
C The population groth rate.
OD Gross Domestic Product (GDP)

Which was NOT among the three major solutions that were produced by thePhiladelphia Convention?
Separation fowers
Election of George Washington as the 1st President
Federalism
Bi-cameral legislature

Which of the following is NOT a characteristic of a democracy?
Freedom of expression
Minority rights
Periodic elections
Limited civil and property rights
Nonpolitical bureaucracies

Probably the most radically economic New Deal program that provoked widespread charges of creeping socialism by Republican and conservative critics of President Roosevelt’s administration was the

Question 17
The demand function recognizes that the quantity of a good consumed depends on:
price and supply shifters.
the prices of other goods only.
demand shifters and price.
demand shifters only.

Question 100.25 pointsWhich of the following aspects do engineers evaluate when making economic decisions?
Human resources
Technical aspects only
Economic and financial aspects
Marketing strategies

Question 16Economics is best defined as the study ofscarcity under conditions of representative governmentsfinancial marketschoice when there is scarcitychoice within a system of capitalism

QUESTION 10Which of the following is a distinguishing feature of a command system?private ownership of all capitalcentral planningheavy reliance on marketswidespread dispersion of economic power