Michael bought a new car. The sticker price was $6,100. He decided not to buy a warranty or any upgrades to the car. However, he ended up paying much more. Why?

Bond ratings can be used as a measure of the bonds risk true or false?

A tax-cut will have a greater effect on equilibrium GDP if the: A. Marginal propensity to consume is smaller B. Marginal propensity to save is smaller C. Marginal propensity to save is larger D. Average propensity to save is larger

If output equals a * (5k + 2l), what is output if a equals 2,000, capital equals 10, and labor equals 100?

BurgerMan and Jeffrey's are fast food chains providing similar items. BurgerMan offers food from a standard menu, while Jeffrey's positions itself as providing more customized products. Consider two franchises, one of each chain.

Which of the following is a normative economic statement? Multiple Choice A) The poverty rate hit a new high last year and income distribution also worsened. B) Health care accounts for roughly a third of total spending in the economy.

Sam has contracted with dave to purchase dave's racing bike, with payment and delivery of the bicycle to be in 10 days. three days later sam hears that dave is going to sell the bike to gene in three days at a higher price.

Jose is a recent college graduate who has been hired for an entry-level professional position in the accounting department of a large corporation. Which of the following terms best describes Jose's capacity as an accountant? A. public accountant B.

Differential analysis may be used for the common decisions of leasing or selling equipment and manufacturing or purchasing a needed part. a. This statement is false. b. This statement is true only for service companies. c.

Swanz, a cosmetics manufacturing company, plans to stay in the cosmetics business and become the market leader in the cosmetics industry.

What is data mining? A. A promotion strategy B. Entering primary data into a CRM database software program C. Collecting primary and secondary data D. Analyzing data to detect patterns of shared characteristics