Description : Demand pull inflation may be caused by (a) An increase in cost (b) A decrease in interest rate © A reduction in government spending (d) An outward shift of aggregate supply.
Last Answer : (b) A decrease in interest rate
Description : Would a wage increase affect aggregate demand or supply?
Last Answer : I don’t know much about economics, but the third option is that the effects might cancel out, meaning no change.
Description : What is aggregate supply exceeds aggregate demand what is likely to result?
Last Answer : Need answer
Description : Inflation occurs when aggregate supply is - (1) more than aggregate demand (2) less than aggregate demand (3) equal to aggregate demand (4) None of these
Last Answer : (2) less than aggregate demand Explanation: If the supply is less than the demand, the price will increase. Inflation, the persistent increase in the average price level, can be ... Translating this to the macro-economy suggests that inflation occurs when aggregate demand exceeds aggregate supply.
Description : When aggregate supply exceeds aggregate demand - (1) unemployment falls (2) prices rise (3) inventories accumulate (4) unemployment develops
Last Answer : (3) inventories accumulate Explanation: Deflation sets in when aggregate supply exceeds aggregate demand. Recession sets in. This will lead to a buildup in stocks (inventories) and this sends a signal to ... Either way -there is a tendency for output to move closer to the current level of demand.
Description : An increase in aggregate demand is more likely to lead to demand pull inflation (a) If aggregate supply is completely elastic (b) If aggregate supply is completely inelastic © If aggregate supply is unitary elastic (d) If aggregate supply is moderately elastic
Last Answer : (b) If aggregate supply is completely inelastic
Description : Given the supply quantity which is fixed an increase in aggregate demand will have direct impact on (a) Increase in GDP ; (b) Inflationary pressure ; (c) Greater employment opportunity; (d) More equitable distribution of income and wealth
Last Answer : (b) Inflationary pressure ;
Description : In a market economy equilibrium price is reached at (a) Point of interaction of aggregate demand and aggregate supply curve; (b) At the top of demand curve ; (c) Midpoint of demand curve ; (d) Midpoint of supply curve
Last Answer : (a) Point of interaction of aggregate demand and aggregate supply curve;
Description : Market equilibrium of a commodity is determined by (a) Balancing of demand and supply position ; (b) Aggregate demand ; (c) Aggregate supply; (d) Government intervention
Last Answer : (a) Balancing of demand and supply position ;
Description : In general, deficit financing can create inflation, but it can be checked if. A) Government expenditure increases the aggregate supply in the aggregate demand ratio B) All the investment is indicated as payment on national debt only C) Only aggregate demand is increased D) All of the above
Last Answer : Answer: D
Description : Inflation occurs when aggregate supply is (1) more than aggregate demand (2) less than aggregate demand (3) equal to aggregate demand (4) None of these
Last Answer : less than aggregate demand
Description : When aggregate supply exceeds aggregate demand (1) unemployment falls (2) prices rise (3) inventories accumulate (4) unemployment develops
Last Answer : inventories accumulate
Description : The individual demand and supply curve of a product are Dx = 12-2px, Sx=3+5px, where Px stand for price and Dx and Sc respectively stands for quantity demanded and quantity supplie(d) If there are 5000 consumers and 1000 suppliers ... be the equilibrium price (a) `4 ; (b) `5 ; (c) `3 ; (d) `4.5
Last Answer : ; (c) `3 ;
Description : Wholesaling is best defined as 1. all transactions in which products are bought for resale, for making other products, or for general business operations 2. all transactions made at retail ... 4. all marketing activities necessary to expedite exchanges to ultimate consumers 5. none of these
Last Answer : all transactions in which products are bought for resale, for making other products, or for general business operations
Description : A retailer is an organisation that purchases products for the purpose of reselling them to A)other retail organisations . B)the government. C)ultimate consumers. D)wholesalers.
Last Answer : C)ultimate consumer
Description : Wholesaling is best defined as A)all transactions in which products are bought for resale, for making other products, or for general business operations. B)all transactions made at retail ... of other goods only. D)all marketing activities necessary to expedite exchanges to ultimate consumers.
Last Answer : A)all transactions in which products are bought for resale, for making other products, or for general business operations
Description : Neoclassical economics concerns itself with the determination of various prices. In the branch of Microeconomics, economists are concerned with _________, while in Macroeconomics they consider _________ (a) Price ... prices: the aggregate price level ; (d) Costs to consumers: costs to producer
Last Answer : (c) Individual product prices: the aggregate price level ;
Description : When I have an important task, I postpone everything else. What should I do?
Last Answer : Have you ever heard of Getting Things Done? There are many famous/executives/successful people who follow those techniques. It might be worth checking out.
Description : IOS owners: Is there any particular reason why I should either update my ipad mini 2 to 9.2.1 or postpone it till they get the bugs sorted out?
Last Answer : answer:In my opinion and experience, you should always keep the iOS up to date. If you don’t not only could you get bugs on the iPad, but many apps may not work due to being updated based on the current OS. You may be restricted from downloading newer apps from the AppStore. I’d recommend updating.
Description : Is it commonly accepted to postpone an Email for long time?
Last Answer : I am kinda with you on this as more and more people seem to think the only way to communicate is through e-mail and text. I get tripped up by my spam filter and can go days without checking in the ... apology routine. What else can you do?? If I really need to talk to someone I pick up the phone.
Description : What does Postpone mean ?
Last Answer : deferred or suspended
Description : A successor auditor is required to communicate with the previous auditor. The primary concern in this communication is a. Information which will help the successor auditor in determining whether the client ... a more efficient audit. d. To save successor auditor time and money in gathering data.
Last Answer : Information which will help the successor auditor in determining whether the client management has integrity.
Description : How do banks communicate mergers and crisis to consumers?
Last Answer : In my experience, they just sit back and let the news media do that part. They eventually send out a letter, or take out an ad in the paper, saying “Don’t worry, Be Happy”.
Description : Which is not a major concern of socially responsible consumers?
Last Answer : Price [Apex]
Description : Change in consumers tastes and preference causes – of the particular goods (a) Change in quantity demanded ; (b) Shift in demand curve ; (c) Change in price ; (d) No effect on quantity demanded
Last Answer : (b) Shift in demand curve ;
Description : Apply for a Discover Card and Save on Balance Transfers and Purchases?
Last Answer : Applying for a Discover card online enables credit card users to take advantage of low balance transfer and purchase rates offered by Discover and compare available programs to assess which is most suited for their ... Bonus if they spend a minimum of $1,000 in the first 90 days of account opening.
Description : Question: Would a restaurant equipment supply outlet offer financing on purchases?
Last Answer : Some restaurant equipment supply companies may offer financing, some may contract it out to a third party lending institution and others will not.
Description : Going from left to right on the aggregate demand curve, real GDP _____.?
Last Answer : rises as price level falls
Description : Acording to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes - (1) a fall in prices of output and resources (2) a fall in real gross National product ... a rise in real gross National product and investment (4) a rise in prices of output and resources
Last Answer : (1) a fall in prices of output and resources Explanation: In 1936, John Maynard Keynes published the book "The General Theory of Employment, Interest and Money to explain the prolonged and ... at a below-full-employment equilibrium. Suppose that the economy is at the full-employment equilibrium.
Description : Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power
Last Answer : (4) Demand backed by purchasing power Explanation: Demand ' in Economics refers to the quantity of a good or service consumers ate able and willing to buy at a given price in a given market during a specified time period , other things beings equal.
Description : According to the effective demand principle: a) at a certain price, the output shall not be determined by any known factor b) at a certain price, the output will remain unaffected by rise or ... certain price, equilibrium output will be solely determined by the aggregate demand d) none of the above
Last Answer : c) at a certain price, equilibrium output will be solely determined by the aggregate demand
Description : Which of the following does not cause a shift in aggregate demand ? (a) Consumption (b) Government expenditure (c) Investment (d) Prices
Last Answer : (d) Prices
Description : Which of the following statem Which of the following statements are true about an ents are true about anticipation inventory? ticipation inventory? a)Inventory increases during periods of light demand b ... c)Increase in anticipation inventory leads to increases in pipeline inventory d)Both a and b
Last Answer : d)Both a and b
Description : The transport The transportation method may be used to determine ation method may be used to determine the costs of the costs of alternati alternative strategies for ve strategies for anticipation ... planning period b)Aggregate demand per planning period c)Beginning inventory d)All of the above
Last Answer : d)All of the above
Description : The operati The operations area input to the aggregat ons area input to the aggregate plan includes: e plan includes: a)Demand forecasts b)Cost data c)work-force capacities d)Product design changes
Last Answer : a)Demand forecasts
Description : If an increase in investment leads to a bigger increase in national income (a) Accelerator (b) Aggregate demand © Monetarism (d) Multiplier
Last Answer : (d) Multiplier
Description : The cost of borrowing is equal to marginal propensity to consume. 21. Investment is (a) An injection that increases aggregate demand (b) An withdrawal that increases aggregate demand © An injection that decreases aggregate demand (d) An withdrawal that decreases aggregate demand
Last Answer : a) An injection that increases aggregate demand
Description : An increase in consumption at any given level of income will lead to (a) Higher aggregate demand. (b) An increase in exports. © A fall in taxation revenue. (d) A decrease in import spending.
Last Answer : (a) Higher aggregate demand.
Description : In explaining the level of unemployment, Keynes emphasized,- (a) Changes in technology. (b) Aggregate demand. © Inflationary expectations. (d) Lending by financial institutions.
Last Answer : (b) Aggregate demand.
Description : According to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes (1) a fall in prices of output and resources (2) a fall in real gross National product and ... rise in real gross National product and investment (4) a rise in prices of output and resources
Last Answer : a fall in prices of output and resources
Last Answer : Demand backed by purchasing power
Description : Inflation is caused by certain factors 1. Those causing an increase in demand 2. Those a short, fall in supply 3. Structural rigidities in the economy 4. All of these 5. None of these
Last Answer : Those causing an increase in demand
Description : According to the aggregate supply curve, what happens as the price level increases?
Last Answer : Firms have more of an incentive to increase output.
Description : What might happen to aggregate supply curve if there was a significant increase in the cost of foreign oil?
Last Answer : The aggregate supply curve shifts to the left as the price of key inputs rises, making a combination of lower output, higher unemployment, and higher inflation possible. When an economy experiences stagnant growth and high inflation at the same time it is referred to as stagflation.
Description : Which of these is not a determinant of aggregate supply (a) Quantity demanded ; (b) Price of the product under consideration ; (c) Relative price of other goods ; (d) Future expectations about prices
Last Answer : (a) Quantity demanded ;
Description : Strategies against global warming - How can investors and venture capitalists help save the Earth and solve the climate crisis?
Last Answer : I think the venture capitalist idea is great, but until the governments of the world fully acknowledge the environmental problems, all this money and investment will fail.
Description : Main purpose of buffer stock is : (a) to save food grains from pest attack (b) to stop price fluctuations (c) to meet the crisis of low production (d) both (b) and (c)
Last Answer : (d) both (b) and (c)
Description : When did the USA last face a Supply Side crisis and how did we solve it?
Last Answer : answer: Supply side economics is a sham. It's a discredited and disproved idea which says that cutting taxes for the wealthy and removing regulations and reducing government spending is always the ... well, everything. The time to face facts and reject their ideology is several decades past due.
Description : What is meant by 'energy crisis'? (a) Shortage of hydro-electricity (b) Malnutrition leading to short supply of energy in the human body (c) Shortage of the thermal power (d) Impending danger of total exhaustion of fossil fuels like coal and petroleum
Last Answer : Ans: (b)
Description : The marketing function's main concern is with (a) producing goods or providing services ; (b) procuring materials, supplies, and equipment (c) building and maintaining a positive image ; (d) generating the demand for the organization's products or services
Last Answer : (d) generating the demand for the organization's products or services