Question 1

What is the main measure of growth in the business cycle?

Accepted Answer

The main measure of

Question 2

After conducting an inventory,a music retailer determines that higher-priced CDs are still sitting on the shelves.To move product off the shelves,management decides to price CDs at the point at which the demand curve and the supply curve intersect.This price is known as the ________.

Accepted Answer

A)  parity point 
B)  equilibrium price 
C)  parity price 
D)  breakeven point 
A)  parity point 
B)  equilibrium price 
C)  parity price 
D)  breakeven point

Question 3

To encourage sales of new and existing homes,Congress implemented a tax credit in 2009.This is an example of ________ policy.

Accepted Answer

A)  promotional 
B)  monetary 
C)  fiscal 
D)  spending 
A)  promotional 
B)  monetary 
C)  fiscal 
D)  spending

Question 4

A ________ shows how many of a given product will be bought at different prices.

Accepted Answer

A)  demand curve 
B)  supply curve 
C)  price control 
D)  price list 
A)  demand curve 
B)  supply curve 
C)  price control 
D)  price list

Question 5

________ unemployment results from recession or depression.

Accepted Answer

A)  Seasonal 
B)  Structural 
C)  Cyclical 
D)  Frictional 
A)  Seasonal 
B)  Structural 
C)  Cyclical 
D)  Frictional

What is the main measure of growth in the business cycle?

After conducting an inventory,a music retailer determines that higher-priced CDs are still sitting on the shelves.To move product off the shelves,management decides to price CDs at the point at which the demand curve and the supply curve intersect.This price is known as the ________.

To encourage sales of new and existing homes,Congress implemented a tax credit in 2009.This is an example of ________ policy.

A ________ shows how many of a given product will be bought at different prices.

________ unemployment results from recession or depression.

Business Ethics and Social Responsibility

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Business Management

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

Pricing, Distributing, and Promoting Products

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters

Exam 1: The U.S.Business Environment

What is the main measure of growth in the business cycle?

After conducting an inventory,a music retailer determines that higher-priced CDs are still sitting on the shelves.To move product off the shelves,management decides to price CDs at the point at which the demand curve and the supply curve intersect.This price is known as the ________.

To encourage sales of new and existing homes,Congress implemented a tax credit in 2009.This is an example of ________ policy.

A ________ shows how many of a given product will be bought at different prices.

________ unemployment results from recession or depression.

Business Ethics and Social Responsibility

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Business Management

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

Pricing, Distributing, and Promoting Products

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters