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Questions in business

📝 Answered - Consider the $50,000 excess cash. Assume that Gary invests the funds in a one-year CD. a. What is the CD's value at maturity (future value) if it pays 10 percent (annual) interest? b. What will its future value be if the CD pays 5 percent interest? If it pays 15 percent interest?

📝 Answered - Provide at least 20 examples of elastic and inelastic goods.

📝 Answered - According to marginal analysis, you should spend more time studying economics if the extra benefit from an additional hour of study: A. is positive. B. outweighs the extra cost. C. exceeds the benefits of the previous hour of study. D. will raise your exam score.

📝 Answered - The process of accumulating capital is called: A. capitalization B. loanable funds C. investment D. debt management

📝 Answered - The amount of a good that must be given up to produce another good is the concept of: a. scarcity b. specialization c. trade d. efficiency e. opportunity cost

📝 Answered - A face-saving technique in which all parties involved in an embarrassing situation ignore it and continue their conversation or interaction as though the embarrassing situation never happened is referred to as ________. A. redefining the situation B. teamwork C. studied nonobservance D. impression management

📝 Answered - Externalities are fundamentally the result of what?

📝 Answered - How can life expectancy and literacy rates affect the quality of labor in the economy?

📝 Answered - List three ways governments could pay for the war (Civil War). 1. 2. 3.

📝 Answered - What are the key choices a company must make before reaching the final decision to go global?