As the economy falls from a peak into a valley in the business cycle, cyclical unemployment should increase, and real gdp should decline.

a. true

b. false

An individual's ecological footprint is equivalent to the: a. total amount of food consumed by that individual. b. total amount of energy used by that individual. c. total amount of carbon emissions from that individual's car. d.

What does supply and demand determine in the home pricing market? a. durability b. price c. quality d. style

Dagny taggart has just purchased a home and taken out a $400,000 mortgage. The mortgage has a 30minus-year term with monthly payments and has an apr of 5.4%.

A certain government passed its budget for the fiscal year ended December 31, 2017. Estimated Revenues amounted to $13,000,000; Appropriations amounted to $12,000,000; Estimated Other Financing Uses amounted to $700,000;

On March 11, 20XX, the existing or current (spot) one-year, two-year, three-year, and four-year zero-coupon Treasury security rates were as follows: 1R1 = 4.75%, 1R2 = 4.95%, 1R3 = 5.25%, 1R4 = 5.

A firm realizes that the market price has fallen below its average total costs, and it is now earning a loss. what is the best action for the firm to take in the short run?

Fixed expenses: a. includes labor, raw materials, and commissions. b. can be estimated by taking into consideration the production. c. are incurred regardless of sales volume. d. must be linked to strategy in the business plan

4) Which of the following is least likely to be your primary health care provider? a. an allergist b. an internist c. an obstetrician-gynecologist

T/F A macroeconomist would be concerned with the following statement. "Two major hurricanes caused significant damage to the eastern seaboard and led to a fall in GDP and a rise in unemployment in the U. S. economy."

At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $14,000. By the end ofthe year, actual bad debts total $15,000. Record the write-off to uncollectible accounts.