In mixed economies, governments also tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests.

a. True

b. False

The simple deposit multiplier equals A. the ratio of the amount of deposits created by banks to the amount of new reserves. B. the inverse, or reciprocal, of the required reserve ratio. C.

Impressive Fund has excellent investment performance last year, with portfolio returns that placed in the top 10% of all funds with same investment policy. Do you expect it to be a top performer next year? Why or why not?

Kim works for a clothing manufacturer as a dress designer. She travels to New York City to attend five days of fashion shows and then spends three days sightseeing.

A company has the choice of either selling 1,000 defective units as scrap or rebuilding them. The company could sell the defective units as they are for $4.00 per unit. Alternatively, it could rebuild them with incremental costs of $1.

A company is considering manufacturing a new product. When figuring out its economic feasibility, all costs of manufacturing the product are added together.

In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of

High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of unskilled labor.

How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?

Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accumulated depreciation of $15,000. The truck's fair value was $16,000. Sam, a builder, contributed a new storage garage.

Select all that apply. A primary incentive for entrepreneurs is 1: Profit 2: A skill and happy workforce 3: Notoriety 4: Seeing an idea come into being 5: Paying taxes