What is a realistic goal?

A. one that you can quantify

B. one that you can measure

C. one the you can define

D. one that is not beyond your reach

Assume that the economy is at equilibrium at $10 trillion, with a marginal propensity to consume of 0.75. If exports rise by $0.5 trillion and imports increase by $0.7 trillion, equilibrium income will: a. fall by $0.2 trillion. b. not change. c.

What is the substitution effect of a price change? Consumers will buy more of the good whose relative price has risen and less of the good whose relative price has fallen.

2. If you run out of legal pads at home and there are several cases of legal pads at work, what should you do? a. Buy your own legal pad for your personal use. b. Get five for your desk, then take two of them home. c.

The price of apples used to make apple pies has increased. At the same time, people expect the price of apple pies to increase significantly in the future.

Which of the following types of business ownership has the highest personal liability risk? a. A sole proprietorship b. A partnership c. A C corporation d. An LLC

To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided into two groups. Each person was given a month's supply of tea bags.

A facility management pro forma cash flow statement has beginning accounts receivable and payable balances of ¥18,000,000 (Japanese Yen) and ¥20,000,000.

Which of the following statements about the consumers' responses to rising gasoline prices is correct? a. Because gasoline is a necessity, consumers do not decrease their quantity demanded in either the short run or the long run. b.

which of the following statements is most accurate when describing the reasons the market value of a company could be substantially higher than it's book value?

What is a semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area called? a business franchise a trade association a cooperative a nonprofit organization