The condition that results from society not having enough resources to produce all things people would like to have is known as

A. capitalism

B. scarcity

C. Free enterprice

D. Tinstaafl

Suppose the federal government had budget deficits of $40 billion in year 1 and $50 billion in year 2 but had budget surpluses of $20 billion in year 3 and $50 billion in year 4.

Cynthia is ready to apply to a four year private college evaluate her eligibility for financial aid

If price falls, what happens to the demand for a product?

An investment bank has a position vacant for the post of finance manager. Which three skills will they look for in their candidates?

Construction workers, manufacturing workers, and farmers have what in common

Assume that total costs assigned to the setup activity cost pool in March are $120,000 and 100 setups were completed in March. Further, assume that during March machines were setup 20 times to make product X5.

The accounting cycle starts with a. closing out the periodic accounts. b. recording the transaction based on the information in a source document. c. preparing the financial statements. d. preparing the adjusting entries.

Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were considering insuring. What is the gross rate for this risk, assuming a 30 percent expense ratioA) $364 B) $400 C) $430 D) $520

When plant assets are purchased as a group in a single transaction for a lump-sum price, the cost of the purchase is allocated among the different types of assets acquired based on their relative market values. true or false

What are the security and management issues concerning virtual offices, especially hooked up into large virtual networks?