Econ chapter 8 - Study guides, Class notes & Summaries

ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 25. When using the economic order quantity model A) ordering costs increase as the level of inventory increases. B) carrying costs decrease as the level of inventory increases. C) costs are minimized when total carrying costs and total ordering costs are equal. D) none of the above Difficulty: Medium Type: Conceptual 26. Hedging A) is a way to protect your accounts receivable position. B) increases risk. C) is a legal agreement to buy or se...

Econ Chapter 7 and 8 (matching and written only)

Define Saving CORRECT ANSWER Saving is when someone spends less than they earn and use the rest to buy stocks, bonds, or to put in a bank account. Define Investment CORRECT ANSWER Investment refers to the purchase of new capital such as equipment or buildings. What is the Financial System? CORRECT ANSWER The financial system is what links the savers(lenders) and the investors(borrowers). The savers and or lenders are the people who have an excess amount of funds with no use for the funds, ...

ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 25. When using the economic order quantity model A) ordering costs increase as the level of inventory increases. B) carrying costs decrease as the level of inventory increases. C) costs are minimized when total carrying costs and total ordering costs are equal. D) none of the above Difficulty: Medium Type: Conceptual 26. Hedging A) is a way to protect your accounts receivable position. B) increases risk. C) is a lega...

ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 25. When using the economic order quantity model A) ordering costs increase as the level of inventory increases. B) carrying costs decrease as the level of inventory increases. C) costs are minimized when total carrying costs and total ordering costs are equal. D) none of the above Difficulty: Medium Type: Conceptual 26. Hedging A) is a way to protect your accounts receivable position. B)...

ECON 101: Chapter 14 QUESTION AND CORRECT ANSWER 2023//2024 A 1) Which of the following is NOT a characteristic of the market structure for monopolistic competition? A) Firms are price takers. B) There are a large number of firms. C) Firms are free to enter and exit. D) Firms compete on product quality, price, and marketing. C 2) Brand names are an example of A) economies of scale. B) illegal barriers to entry. C) product differentiation. D) oligopoly. C 3) Monopolistic comp...

Us history Period 8: Chapter 26: Truman and the Cold War, [557 – 572] class notes summary chapter 26 with revision questions verified A+ Us history Period 8: Chapter 26: Truman and the Cold War, [557 – 572] class notes summary chapter 26 with revision questions verified A+ Period 8: Chapter 26: Truman and the Cold War, [557 - 572] Due Date: Wednesday, April 18 - WWII dramatically changed the US from an isolationist country ...

Econ Chapter 7 and 8 (matching and written only)

Intermediate Macroeconomics Econ 304 Final Exam Questions and Answers Nominal GDP measures the value of goods and services in ____ Prices, While real GDP measures the value of goods and services in ____ Prices - ANSWER-Current; Constant Two Equivalent ways to view GDP are as the: - ANSWER-total income of everyone in the economy or the total expenditure on the economy's output of goods and services Since the GDP includes only the additions to income, not transfers of assets, ____ are not...

ECON 201- Chapter 8 Exam Questions With 100% Correct Answers In 2013, Ford Motor Company's sales were rising. These events were caused by - ANSWER An economic expansion During a business cycle expansion, total production ____ and total employment _____ : - ANSWER increases; increases Macroeconomics seeks to expand: - ANSWER Economic growth, business cycles and inflation In calculating gross domestic product, the Bureau of Economic Analysis uses the sum of ...