To measure the change in the cost of living we most often measure the percentage change in nominal gdp.

a. True

b. False

Transportation is the most important economic factor for economic development. Do you agree or disagree with this statement? Why or Why not? Start a New Thread

What is the future value of $490 per year for 9 years compounded annually at 11 percent? The future value of $490 per year for 9 years compounded annually at 11 percent is $ nothing. (Round to the nearest cent

On October 1, 2018, Acme Fuel Co. sold 100,000 gallons of heating oil to Sparky Co. at $3 per gallon. Fifty thousand gallons were delivered on December 15, 2018, and the remaining 50,000 gallons were delivered on January 15, 2019.

In conducting their research, economists face an obstacle that not all scientists face; specifically, in economics, it is often impractical to a. rely upon the scientific method. b. conduct laboratory experiments. c.

On January 1, 2016, Wheeler, Inc. purchased some equipment for $3,900. The equipment had an estimated life of five years and an expected residual value of $200. On July, 1, 2018, the equipment was sold for $1,000.

Menu costs refers to a. the distortion in incentives created by inflation when taxes do not adjust for inflation. b. resources used by people to maintain lower money holdings when inflation is high. c.

Consider once again the project with the cash flows described below. Determine whether this is a simple or non - simple investment AND how many possible values of i * exist using the Accumulated Cash Flow Sign Test.

Which of the following goods best fit the characteristics of a private good? a. national defense b. fire protection c. an ice-cream cone d. a professor giving a lecture in a large classroom e. disease prevention

Zwick Company bought 26,500 shares of the voting common stock of Handy Corporation in January 2018. In December, Handy announced $ 205,200 net income for 2018 and declared and paid a cash dividend of $ 6 per share on all 203,000 shares of its

Movie studios use market research to reduce their risk of losses by hiring firms such as the National Research Group to conduct test screenings and tracking studies.