41、 | Budget type | Impact on private saving | A. | deficit budget | increase | B. | deficit budget | decrease | C. | surplus budget | increase | D. | surplus budget | decrease |
The type of government budget that leads to crowding-out, and its impact on private saving, respectively, are:
Select exactly 1 answer(s) from the following: A. Answer A. B. Answer B. C. Answer C. D. Answer D. 42、The type of natural resource market to which the Hotelling principle applies, and the relationship expressed in it, respectively, are: | Type of natural resource market | Relationship expressed in the Hotelling principle | A. | renewable | the price of the resource rises at a rate equal to the interest rate | B. | renewable | the price of the resource rises at a rate equal to the inflation rate | C. | non-renewable | the price of the resource rises at a rate equal to the interest rate | D. | non-renewable | the price of the resource rises at a rate equal to the inflation rate |
Select exactly 1 answer(s) from the following: A. Answer A. B. Answer B. C. Answer C. D. Answer D.
43、The most accurate description of the effect of a price decrease on total revenue for goods that have an elastic and inelastic demand, respectively, are: | Elastic demand | Inelastic demand | A. | total revenue declines | total revenue declines | B. | total revenue declines | total revenue increases | C. | total revenue increases | total revenue declines | D. | total revenue increases | total revenue increases |
Select exactly 1 answer(s) from the following: A. Answer A. B. Answer B. C. Answer C. D. Answer D.
44、The three indicators of the state of the labor market that the U.S. Census Bureau calculates include all of the following, except: Select exactly 1 answer(s) from the following: A. the unemployment rate. B. the total labor compensation. C. the labor force participation rate. D. the employment-to-population ratio.
45、Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted. A company’s cash conversion cycle is most likely to decrease if that company experiences a(n): Select exactly 1 answer(s) from the following: A. increase in the payables turnover ratio. B. decrease in the inventory turnover ratio. C. increase in the receivables turnover ratio. D. decrease in the payables payment period.
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