------------------------------------------------- Top of Form Online Quiz 1. Where is your energy naturally directed? | Extraverts’ energy is directed primarily outward‚ towards people and things outside of themselves. Introverts’ energy is primarily directed inward‚ towards their own thoughts‚ perceptions‚ and reactions. Therefore‚ Extraverts tend to be more naturally active‚ expressive‚ social‚ and interested in many things‚ whereas Introverts tend to be more reserved‚ private‚ cautious
Premium Reasoning Choice Energy
Quiz 09 Submission View Question Set Question 1 0.5 / 0.5 points Goodwill is only recorded when generated internally. can be subdivided and sold in parts. can only be identified with the business as a whole. can be defined as normal earnings less accumulated amortization. Question 2 0.5 / 0.5 points All of the following are intangible assets except land. patents. copyrights. leaseholds. Question 3 0.5 / 0.5 points The cost of a long-lived asset (except land) is expensed
Premium Depreciation Balance sheet Asset
Principles of Microeconomics: ECON 202-01 “The Purpose of the Different Economies in our Society” Raquel Moss Mr. George L. Edwards July 20‚ 2012 The Purpose of the different economies is so that society is able to answer the three questions: what‚ how and who to produce to. Because we live in a society full of scarcity‚ we face the economic problems of limited economic resources with that being the main issue. The society design and organized our economy into three different categories:
Premium Economics Economy Social sciences
Chapter 1: Page 20; Questions - 4‚ 7‚ 9‚ 10‚ 11 4) What are the key elements of the scientific method and how does this method relate to economic principles and laws? The key elements of the scientific method are the observation of real world behavior and outcomes. Based on those observations‚ formulating a possible explanation of cause and effect which is a hypothesis. Next‚ testing this explanation by comparing the outcomes of specific events to the outcome predicted by the hypothesis. Then‚ accepting
Premium Economics Supply and demand
The marginal propensity to consume (MPC) is defined as the additional consumption that results from one dollar increase in disposable income. Bill’s disposable income goes from $100‚000 in 2001 to $200‚000 in 2002‚ and his consumption spending goes from $80‚000 in 2001 to $140‚000 in 2002. Which of the following statements about Bill is true? Bill’s MPC is equal to 0.6. Which of the following changes in disposable income would lead to the greatest increase in consumption? a $20‚000 increase
Premium Money Monetary policy
103 Midterm Answer (Fall 09) Q1: 1a) Economic growth occurs when a country chooses to allocate some of its resources to the production of capital goods‚ instead of consumption goods. This expands the resource base‚ allowing the country to produce more goods and services thus furthering economic growth. Economic growth can also occur when more productive technology is used. Technology makes the production process more efficient so more goods and services can be produced without increasing the
Free Unemployment Macroeconomics Tax
Weekly Homework 9: Detection of Heteroskedasticity 1. Heteroskedasticity (1 point each) 1) Carefully explain the difference between pure and impure heteroskedasticity and their consequences in OLS. Answer: -Pure heteroskedasticity is caused by the error term of the correctly specified equation. Impure heteroskedasticity is caused by a specification error such as an omitted variable. -Pure heteroskedasticity does not cause bias in the coefficient estimates. However‚ it typically causes
Premium Regression analysis Normal distribution Variance
Research Proposal To: Jeffery Wehr‚ Florida International University online professor From: Talya Van Embden Date: May 24‚2014 Subject: Request for website usability and recommendation research Statement of Problem: In today’s world‚ the need and use of technology is growing rampant in the education field. Due to this‚ many government learning entities such as Universities offer online courses that allow of distance learning‚ and because of this website usability is a large aspect to these
Premium Usability User interface E-learning
What is Elasticity? - Elasticity refers to the degree of responsiveness in supply or demand in relation to changes in price. If a curve is more elastic‚ then small changes in price will cause large changes in quantity consumed. If a curve is less elastic‚ then it will take large changes in price to effect a change in quantity consumed. Graphically‚ elasticity can be represented by the appearance of the supply or demand curve. A more elastic curve will be horizontal‚ and a less elastic curve will
Premium Supply and demand
Chapter 12 - Money and Banking in the Developing Economy Bimetallic Standard - A monetary system in which a government recognizes coins composed of gold or silver as legal tender. The bimetallic standard backs a unit of currency to a fixed ratio of gold and/or silver. Central Bank - A public institution that manages a state’s currency‚ money supply & interest rates. Central banks also usually oversee the commercial banking system of their respective countries. Recession - A period of slow
Premium Money Central bank Federal Reserve System