Question 41 The M2 measure of money supply is least likely to include: A) savings account deposits. B) outstanding checks. C) traveler’s checks. D) time deposits.
Question 42 In the long run, a price floor at a level greater than the equilibrium price of a good is most likely to result in: A) consumers buying more substitutes for the good. B) consumers waiting in long lines to purchase the good. C) producers reducing the quality of the good. D) producers offering the good to friends and relatives before the general public.
Question 43 The idea that workers will consume less leisure when the wage rate is increased is called the: A) income effect. B) substitution effect. C) incentive effect. D) balancing effect.
Question 44 Firms in an industry characterized by perfect competition exit the market. What will be the effect on the equilibrium price and total revenue of the firms that remain in the industry? Price Revenue A) Increase Decrease B) Decrease Increase C) Increase Increase D) Decrease Decrease
Question 45 Which of the following is least likely to be found in the notes (footnotes) to a firm’s financial statements? Information about: A) a firm's capital resources and liquidity. B) significant pending lawsuits. C) estimates used by management. D) sales by region or business segment.
| 
发表于 2008-11-6 16:06
| 
