Which best describes what is represented in the business cycle model? the interactions between producers and consumers the change in production cost macroeconomic trends supply and demand trends

When a country has a comparative advantage in the production of a good, it means that it can produce this good at a lower opportunity cost than its trading partner.

Noah owned a cottage on the lake that he bought in year 1. in year 2, he rented the cottage for 10 days to a stranger and used the cottage for 20 days for his own personal use. the cottage was not used the rest of the year.

Refer to the accompanying consolidated balance sheet for the commercial banking system. assume the required reserve ratio is 10 percent. all figures are in billions.

Mathers Equipment purchased a road grader on January 2nd, 2017, for $165,000. They plan to use the grader for eight years and 19,000 hours (3,000 hours each year in 2017-2019 and 2,000 hours each year in 2020-2024).

Resale price maintenance occurs when: a. the manufacturer suggested retail price. b. minimum prices are enforced. c. consignment arrangements control prices. d. all of the above

Sharp Focus Cameras is facing intense competitive pressure. Top marketing managers are looking for ways to cut costs. They are considering a plan to cut distribution costs by eliminating marketing intermediaries from the channel of distribution.

Older adults who participated in 20 one-hour video game training sessions with the program lumosity showed reduction in their:

The total of tools, equipment, machinery, and buildings used to produce goods and services is called supply. True or False

What percentage of federal revenues is made up of corporate taxes

F Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably