The Keynesian view of economics assumes that:

a. the Keynesian Phillips curve is vertical.

b. wages are sticky.

c. the economy must focus is on long-term growth.

d. economic output is primarily determined by aggregate

The dollar votes of consumers ultimately determine the composition of output and the allocation of resources in a market economy.

You purchased 1000 shares of stock in Cumberland Software for $3 per share on January 1, 2006. Over the next four years, you received 7 cents per share annually in dividends.

On July 15, 2016, you convert 650,000 U. S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month forward contract to convert yen into dollars. How much will you receive in U. S. dollars at the end of six months

Consumer surplus: A. is the difference between the current market price and the cost of production for the firm. B. is the difference between the maximum amount a person is willing to pay for a good and its current market price. C.

Received contributions of $ 10 comma 000$10,000 in exchange for common stock. a. Increase asset (Cash); Increase equity (Common Stock) b. Purchased equipment for $ 5 comma 000$5,000 on account.

2. Winners and losers from free trade Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic price of meekers is $40. Suppose that the world price of meekers is $39.

An economic system: A. requires a grouping of private markets linked to one another. B. is a particular set of institutional arrangements and a coordinating mechanism used to respond to the economizing problem. C.

Grading at a site refers to A) evaluating the existing subsurface conditions of a site. B) evaluating the groundwater conditions at a site. C) compacting the soil to required density. D) None of these.

A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold for $40,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:A.

Which investment has the highest liquidity and can be converted into cash easily? A - bonds B - mutual funds C - stocks D - certificates of deposit