Tag: Economics – Others

Engineering economics is important becauseQuestion 7 options:
it is a natural science
it provides answers to all financial questions
it facilitates the establishment of verifiable facts about decision
it uses mathematical models to address engineering issues
it is based on objective laws

Most economists use the aggregate demand and aggregate supply model primarily to analyzeproductivity and economic growth.the effects ed mascroeconomic pollicy on the prices of individual goods.short-run flactuations in the economy.the long-nin effects of international trade policies.

GM has a subsidiary in Mexico that makes certain car models. Every year the subsidiary sends a proportion of their net income back to the parent company as a dividend payment. Which subaccount should this transaction be recorded?
Goods trade
Services trade
Current transfer
Current income

which of the following are considered to be benefits of international trade the ability to purchase goods produced to broad at lower prices than the domestic Good more jobs and industries with a significant number of imports access to new resources that are not available domestically

Cheyenne calls to see if her customer’s new hardwood floors were installed correctlyduring the follow-up step.immediately after the closing.near the end of the sales presentation.the next time she makes a sales call to that customer.after she receives cash payment from that customer.

StreetlightsQuestion Blank 1 of 6a public good because theyQuestion Blank 2 of 6non-rivalrous andQuestion Blank 3 of 6non-excludable
Books at the public libraryQuestion Blank 4 of 6a public good because theyQuestion Blank 5 of 6non-rivalrous andQuestion Blank 6 of 6non-excludable

Brain drain is a term to describeSelect one:A. the loss by a couniry of highly edicafed human resourcesB. the exportation of products of high-technology in exchange for low-lechnology productsC. having three examinations in one dayD. the unauthorized use of patents and fechnology

Some analysts estimate the economic loss to excess insurance to be between:
0.9 percent and 3 percent of all health expenditures
excess insurance losses are insignficant
20.9 percent and 35.3 percent of all health expenditures
8.9 percent and 29.1 percent of all health expenditures

Ultimately, what do interest groups want from policymakers?Question 58 options:
a) They want policy that is beneficial for their groups.
b) They want information that benefits their groups.
c) They want monies for their special projects.
d) They want unlimited access to the policymakers.

b. Now assume that the total revenue of a typical non-Taiwanese chip manufacturer falls due to these events. In terms of an elasticity, what must be true for this to happen? Because the price increase results in a decrease in total revenue, demand for semiconductor chips must be and