EC370‚ Midterm I‚ Practice Questions 1. If she spends all of her income on uglifruits and breadfruits‚ Maria can just afford 11 uglifruits and 4 breadfruits per day. She could also use her entire budget to buy 3 uglifruits and 8 breadfruits per day. The price of uglifruits is 6 pesos each. How much is Maria’s income per day? a. 115 pesos b. 105 pesos c. 114 pesos d. 119 pesos 2. Bella’s budget line for x and y depends on all of the following except a. the amount of money she has
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Externality: the uncompensated impact of one person’s actions on the well-being of a bystander Externalities and Market Inefficiency Negative Externalities Ex: aluminum factories emit pollution: for each unit of aluminum produced‚ certain amount of smoke enters atmosphere Cost to society of producing aluminum larger than cost to aluminum producers Social cost includes private costs of aluminum producers plus costs to those bystanders affected adversely by the pollution How can social planner
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The Great Answer Author Details Charles Fulton Ouster was born on Jan. 22‚ 1893‚ in Baltimore‚ Md. He studied law but turned to journalism‚ working as a reporter and then as an arts critic for the Baltimore American while also contributing to magazines. In 1923 he became editor of Metropolitan magazine‚ and from 1931 to 1942 he edited Liberty magazine. He accepted the position of senior editor at Reader’s Digest in 1944. While working as an editor‚ Ouster also pursued a parallel career in writing
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10/1/2012 CORPORATE FINANCE FIN 3313.01 Fall 2012 1st MID-TERM SINAN YILDIRIM NAME (Each Multiple choice question is worth 4 points) 1. The goal of financial management is to increase the: a. future value of the firm ’s total equity. b. book value of equity. c. dividends paid per share. d. current market value per share. e. number of shares outstanding‚ thereby increasing the market value of equity. 2. A corporation: A. is ultimately controlled by its board of
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Corporate Finance Home Wok Chapter 4 Q1: Simple Interest versus compound Interest First City Bank pays 9 percent simple interest on its savings account balances‚ whereas Second City Bank pays 9 percent interest compounded annually. If you made a $5‚000 deposit in each bank‚ how much more money would you earn from your Second City Bank account at the end of 10 years? A: First City Bank: 5000*(1+10*0.09)=9500 Second City Bank: 5000*(1+0.09)10=11837 11837-9500=2337 So we will earn more $2‚337 from
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Akhenaten’s experiment with monotheism failed because Answer | A. | it could not compete with Christianity. | | B. | it did not gain the support of the pharaoh. | | C. | the hated and corrupt priesthood endorsed it. | | D. | it had no connection with the Egyptian past. | | E. | its elaborate ritual was too confusing. | Question 2 Mesopotamian agriculture depended on Answer | A. | irrigation. | | B. | slavery. | | C. | the regular flooding of the Nile. | | D. |
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oxygen and sulfur. This substance cannot be a(n) Your Answer: | element. | | | An element cannot be broken down into other elements. | | 2. | | Pick the chemical change that occurs when a lit match is held under a piece of metal. Your Answer: | match burns | | | Chemical changes‚ which release heat and light‚ occur during the combustion process. | | 3. | | Which identification is incorrect for the elements listed? Your Answer: | Zn‚ zirconium | | | Zn is zinc; Zr is zirconium
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ear. Answer Selected Answer: True Correct Answer: False . Question 2 .0 out of 1 points To keep Church officials happy‚ Veronese decided to repaint his entire artwork depicting Christ feasting with disciples and members of the Venetian elite. Answer Selected Answer: True Correct Answer: False . Question 3 .0 out of 1 points Auguste Rodin was told by a government official that he should put clothes on his overly sexualized figures in The Kiss. Answer Selected Answer:
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depreciation goods. Answer: B 2) In the capital market‚ households ________ supply the financial resources to firms that allow them to purchase ________. A) indirectly; capital B) directly; capital C) indirectly; land D) indirectly; labor Answer: A 3) Firms that offer to pay for college tuition for their employees are investing in ________ capital. A) tangible B) productive C) social D) human Answer: D 4) A clothing
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doing this for ten years. ANSWER: Complete John’s statement. 2. "If I had been flexible with my travel dates Read John’s statement in QUESTION NUMBER 2 and choose TRUE or FALSE. 3. John expressed regret. Complete Marcia’s statement. 4. see which place is off for the best deals." Complete Marcia’s statement. 5. "If I were you‚ Choose YES or NO. 6. John chose his destination based on cost. ANSWER: Choose the correct answer. 7. Why did Marcia advised John
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