Question 1

The economic term used to describe the government's influence on savings and changing the levels of government spending is

Accepted Answer

A)  monetary policy. 
B)  fiscal policy. 
C)  debt policy. 
D)  recovery technique. 
E)  recovery guideline. 
A)  monetary policy. 
B)  fiscal policy. 
C)  debt policy. 
D)  recovery technique. 
E)  recovery guideline.

Question 2

A market economy is sometimes referred to as a command economy.

Accepted Answer

A) True 
 B)False

Question 3

A legal monopoly is often referred to as a natural monopoly.

Accepted Answer

A) True 
 B)False

Question 4

The producer price index is an accurate predictor of

Accepted Answer

A)  future changes in the consumer price index. 
B)  the level of unemployment. 
C)  prime interest rates. 
D)  Internet business activity. 
E)  an individual's standard of living. 
A)  future changes in the consumer price index. 
B)  the level of unemployment. 
C)  prime interest rates. 
D)  Internet business activity. 
E)  an individual's standard of living.

Question 5

As the price of a product increases, the amount of the product that consumers purchase increases.

Accepted Answer

A) True 
 B)False

Question 6

When did the U.S. government become more deeply involved in business than it had been previously?

Accepted Answer

A)  In the early 1920s 
B)  After Franklin D . Roosevelt became president 
C)  After the Vietnam War 
D)  During the social responsibility movement during the 1960s 
E)  After the Korean War 
A)  In the early 1920s 
B)  After Franklin D . Roosevelt became president 
C)  After the Vietnam War 
D)  During the social responsibility movement during the 1960s 
E)  After the Korean War

The economic term used to describe the government's influence on savings and changing the levels of government spending is

A market economy is sometimes referred to as a command economy.

A legal monopoly is often referred to as a natural monopoly.

The producer price index is an accurate predictor of

As the price of a product increases, the amount of the product that consumers purchase increases.

When did the U.S. government become more deeply involved in business than it had been previously?

A: Being Ethical and Socially Responsible

B: Being Ethical and Socially Responsible

A: Exploring Global Business

B: Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Enhancing Union-Management Relations

Building Customer Relationships Through Effective Marketing

A: Creating and Pricing Products That Satisfy Customers

B: Creating and Pricing Products That Satisfy Customers

Wholesaling, Retailing, and Physical Distribution

Developing Integrated Marketing Communications

Social Media, E-Business, and Accounting

Using Management and Accounting Information

Understanding Money, Banking, and Credit

Mastering Financial Management

A: Understanding Personal Finances and Investments

B: Understanding Personal Finances and Investments

Filters

Exam 1: Exploring the World of Business and Economics

The economic term used to describe the government's influence on savings and changing the levels of government spending is

A market economy is sometimes referred to as a command economy.

A legal monopoly is often referred to as a natural monopoly.

The producer price index is an accurate predictor of

As the price of a product increases, the amount of the product that consumers purchase increases.

When did the U.S. government become more deeply involved in business than it had been previously?

A: Being Ethical and Socially Responsible

B: Being Ethical and Socially Responsible

A: Exploring Global Business

B: Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Enhancing Union-Management Relations

Building Customer Relationships Through Effective Marketing

A: Creating and Pricing Products That Satisfy Customers

B: Creating and Pricing Products That Satisfy Customers

Wholesaling, Retailing, and Physical Distribution

Developing Integrated Marketing Communications

Social Media, E-Business, and Accounting

Using Management and Accounting Information

Understanding Money, Banking, and Credit

Mastering Financial Management

A: Understanding Personal Finances and Investments

B: Understanding Personal Finances and Investments

Filters