1.Economics is best defined as the study of A) financial decision-making.B) how consumers make purchasing decisions.C) choices made by people faced with scarcity.D) inflation‚ unemployment‚ and economic growth.Points Earned: 0.4/0.4Correct Answer(s): C 2.Scarcity can best be defined as a situation in whichA) there are no buyers willing to purchase what sellers have produced.B) there are not enough goods to satisfy all of the buyers’ demand.C) the resources we use to produce goods and services are
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CompuData owns a chain of five shops selling computer goods. In the past the company maintained a healthy cash balance. However‚ this has fallen in recent months‚ and at the end of May 2014 it had an overdraft of $100‚000. In view of this‚ CompuData’s managing director has asked you to prepare a cash forecast for the next six months. You have collected the following information: June $000s July $000s August $000s September $000s October $000s November $000s Cash sales
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AM GOV 2010‚ Texas Edition Chapter 3 – Test Bank Multiple Choice 1. The powers necessary to carry out constitutionally enumerated functions of government are referred to as a. implied powers. b. enumerated powers. c. official powers. d. national powers. e. None of these answers is correct. Answer: a Page: 43 2. States utilize this power to protect the health and welfare of their residents. a. police powers b. enforcement powers c. military powers
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Description / Instructions: Practice for Week 2 Top of Form Bottom of Form Question 1 The time period for classifying a liability as current is one year or the operating cycle‚ whichever is: probable. possible. shorter. longer. Top of Form Bottom of Form Question 2 To be classified as a current liability‚ a debt must be expected to be paid: a. out of existing current assets. b. by creating
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SOLUTIONS TO HOMEWORK 1 1.2. a. The ten elements are the ten cars b. 5 variables: Size‚ Cylinders‚ City MPG‚ Highway MPG‚ and Fuel c. Categorical variables: Size and Fuel Quantitative variables: Cylinders‚ City MPG‚ and Highway MPG 1.3. a. Average mpg for city driving = 182/10 = 18.2 mpg b. Average mpg for highway driving = 261/10 = 26.1 mpg On average‚ the miles per gallon for highway driving is 26.1 – 18.2 = 7.9 mpg greater compared to city driving. 2.47. a. (Other possible stem-and-leafs
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Internet Based Tax Briefing 1 – Haig Simmons Aqeel A Sahibzada‚ University of Maryland University College ACCT 613/9040 – Professor Bruce McClain October 14‚ 2012 Subject: Haig Simmons – Loss recognition on anthracite coal future contracts‚ capital or ordinary loss Facts Taxpayer Haig Simmons operates an in home coal heating and delivery service for consumer uses in Baltimore and Anne Arundel counties. Due to the instability of coal resources and prices‚ Haig Simmons enters
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1. Which two devices commonly affect wireless LAN ? (Choose two.) Wireless phones; Microwaves; 2. A technician has a room of computers which are running very hot. The technician discovers that the heat sinks in the computers are very dusty. What should the technician use to clean the heat sinks? Compressed air. 3. Which computer components must a technician never try to work on when wearing an antistatic wrist strap? CRT monitor; 4. Refer to the exhibit. Which type
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Solve the ff. 1. A sample of He occupies 520 mL at 950 Torr and 25°C. If the sample is transferred to a 1.1-L flask at 25°C‚ what will be the gas pressure in the flask? 2. A balloon has temperature of 28°C. What will be the final temperature of the gas if the volume is reduced to half of the original under isobaric condition? 3. Calculate the volume occupied by 4.23 kg of methane gas at STP. 4. Dry ice is useful in maintaining frozen foods because it vaporizes to CO2 (g) rather than melting
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7/22/2013 ACCT 90004 Accounting for Decision Making Brad Potter Room 7.064‚ 198 Berkeley Street Tel: 8344 4989 bnpotter@unimelb.edu.au 1 1 7/22/2013 Subject Overview Introduction • This subject provides a broad introduction to the accounting process‚ accounting information systems and the language of accounting. • It is designed to enable you to become an informed preparer and user of accounting information. • Successfully completing this subject will also assist you
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ECO204: Solutions to Homework 5 1. True‚ False‚ Uncertain a. False. Methods to eliminating moral hazard include writing efficient contracts between principals and agents‚ bonding and deferred payments. The methods to eliminate adverse selection include sending signals and relying on 3rd parties to verify quality. b. True. When there is asymmetric information‚ it drives out high-quality goods because consumers have a difficult time differentiating between high- and low-quality goods. As a result‚
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