Economics studies choices that arise from one fact. What is that fact? A. We are running out of clean air and clean water. We are running out of clean air and clean water. B. Not everyone considers the choices of others. Not everyone considers the choices of others. C. Businesses create too many different brands of most goods Businesses create too many different brands of most goods. D. Our resources are unable to satisfy all our wants. Our resources are unable to satisfy all our wants.

Related Questions

• Which of the incentives listed is MOST LIKELY a negative incentive used to discourage a specific action? a) coupons b) parking tickets c) frequent flier miles d) buy one, get one free
• A limitation of using past performance as a basis for evaluating actual results is that: A. future conditions may differ from the past. B. any past undervaluation of profits is likely to persist. C. it tends to distort results when current and past conditions are similar. D. any changes in accounting treatment can skew performance evaluations.
• The ____ provide(s) schedule-related information about each activity, such as predecessors, successors, logical relationships, leads and lags, resource requirements, constraints, imposed dates, and assumptions related to the activity. A. Activity list B. Milestones C. Activity descriptions D. Activity attributes
• Cyclical unemployment refers to select one: a. The portion of unemployment created by job search. b. Short-run fluctuations around the natural rate of unemployment. c. Changes in unemployment due to changes in the natural rate of unemployment. d. The portion of unemployment created by wages set above the equilibrium level.
• 10. A student who is interested in becoming an air traffic controller will make.. A.) more money than an athletic trainer but will have a harder time finding a job. B.) more money than an athletic trainer and will have an easier time finding a job. C.) less money than an athletic trainer but will have an easier time finding a job. D.) less money than an athletic trainer and will have a harder time finding a job This table compares the requirements for a career as an athletic trainer or an air traffic controller.
• Justin is the accountant for a trucking company. A driver, Andrew, holds a gun to Justin’s head and forces him to steal from the company. Justin falsifies records, obtains cash, and gives it to Andrew. If criminal charges are brought against Justin, he can assert the defense of __________.
• For a company with significant uncollectible​ receivables, the direct​ write-off method is unsuitable because​ ________. A. it uses estimates for determining the bad debt expense B. it violates the matching principle C. companies are not able to track customer payment histories D. it overstates liabilities on the balance sheet
• An example of licensing is when a. A business in France contracts to produce shirts with the image or an American athlete. b. A company in Brazil contracts to open a KFC restaurant. c. A company in New Zealand produces tires for a tractor manufacturer in Japan. d. A company in the United States contracts to teach CPR to al employees of a national hotel chain.
• Consider the following transactions that occurred during the year: 1. Musashi orders 50 bottles of wine at $30 each from a French distributor. 2. A U.S. company sells 200 textbooks at $45 each to a Canadian company. 3. Sean, a U.S. citizen, buys a $1,500 laptop from Microell, a U.S. company. Complete the table below, indicating how these transactions affect the U.S. national accounts for the current year. Enter "0" if a transaction does not apply to a category and a negative sign for a negative balance. Amount (Dollars) -------------------------------------- Consumption: $1,500 Investment: $0 Government Purchases: $0 Imports: -$1,500 Exports: $9,000 Net Exports: $7,500 Gross Domestic Product (GDP): $10,500 Note: The GDP is calculated as the total value of goods and services produced within a country's borders, which includes Consumption, Investment, Government Purchases, and Net Exports (Exports minus Imports). The purchase from a U.S. company is included in Consumption, while the wine order represents Imports, and the textbooks sold to Canada represent Exports. Net Exports are calculated as Exports minus Imports.
• Cash flows available to pay the firm's stockholders and debt holders after the firm has made the necessary working capital investments, fixed asset investments, and developed the necessary new products to sustain the firm's ongoing operations is referred to as:A. Operating cash ow B. Net operating working capital C. Free cash ow D. None of these.