Suppose the market for tortillas is initially in equilibrium, but then the equilibrium wage rate and the equilibrium quantity of labor both increased. What happened in the market for tortilla?

12) In the Keynesian model, suppose the Fed sets a target for the money supply. If the IS curve shifts to the left, and the Fed wants to keep output unchanged, what should the Fed do? A) Reduce taxes. B) Reduce the money supply. C) Increase taxes.

Use departmental overhead rates to allocate manufacturing overhead (Learning Objective: Whitney Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs.

When someone states, "I don't have money to start a business," what fact might one consider? a. Most businesses start without any formal investment. b. This is a valid reason for not starting a business. c.

Which of the following is not an example of risk factors for a multinational company? A) Complying with contractual terms of agreements B) Freezing the movement of assets out of the host country C) Devaluing the currency D) Limiting the remittance

A company produces a single product. Variable production costs are $12.10 per unit and variable selling and administrative expenses are $3.10 per unit.

Why do some companies use travel agent to set up their travel arrangements

The probability that Mary will win a game is 0.03, so the probability that she will not win is 0.97. If Mary wins, she will be given $180; if she loses, she must pay $17.

Due to recent political and economic events, general prices of goods and services are expected to increase significantly over the next five years. You were about to purchase a five-year bond.

Whcih is an exogenous factor that affects the business cycle?

Marcus can afford a monthly mortgage payment of $900. If he is eligible for a 30-year, 5% mortgage (where the mortgage factor is 5.37), how much of a mortgage loan can he afford? a. $324,000.00 b. $150,000 c. $167,597.77 d. $200,100.75 e. $510,015.