In a perfectly competitive market, firms face no barriers to entry or exit.

a. True

b. False

A bond issue with a face amount of $495,000 bears interest at the rate of 7%. The current market rate of interest is 8%. These bonds will sell at a price that is:

How does context influence your communication? Consider the language and culture people grew up with, and the role these play in communication styles.

The money supply represents the amount of money the Federal Reserve Bank makes available for people to buy goods a True or false

This is a type of unemployment - usually cyclical - that should not exist during good economic times.

When a good with a perfectly inelastic demand is taxed, the incidence of the tax is borne: A. by consumers and producers equally. B. mostly by producers. C. entirely by consumers. D. mostly by consumers. E. entirely by producers.

Jake Skinner purchases a big screen TV on credit and will repay the loan with one payment at the end of 90 days. What type of credit did Jake use?

Which most likely results from producers engaging in specialization? Producers reduce their costs. Producers increase their market share. Producers decrease the materials needed for production. Producers always offer more competitive pricing.

The workers at State Hospital, a public sector employer, and Acme Inc, a private employer, are subject to speech censorship and arbitrary job termination. Constitutional issues are present only for the State Hospital workers. TrueFalse

Kyle and lyle want to pool their inheritance money to make a joint investment. they are young and are willing to accept moderate to high risk over a number of years. which combination of investment options best suits their needs?

Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma 300 Sales revenue 164 comma 100 Purchases of