In the economy when a steel producer sells steel to car producer it is regarded as ?

Related Mcqs:

1. An export quota agreement to stabilize the price of bauxite tends to be more successful when the member producer countries as a percentage of the world’s producer countries is __________ and the _________ it is for the member producer countries to store/stock pile bauxite?

   A. relatively small; more difficult B. relatively small; easier C. relatively large; more difficult D. relatively large; easier...

2. If Toyota describes one of its cars of the future as being a moderately priced subcompact designed as a second family car to be used arround town; the car is ideal for running errands and visiting friends, then the company has just stated a potential new product in terms of a(n) ?

   A. Product idea B. Product image C. Product concept D. Product features...

3. If a consumer describes a car as being the most economical car on the market than this descriptor is a?

   A. rule B. attitude C. belief D. cute...

4. Jamil’s car is in need of repair, so John decides to sell it avoid the repair bill. Unaware of the problem, Shahab buys the car. This is an example of ?

   A. hidden actions B. adverse selection C. moral hazard D. adverse selection...

5. Nicole wants to avoid buying a car that is a lemon. She takes a car she would like to buy to her mechanic before she purchases it. This is known as ?

   A. screening B. signaling C. moral hazard D. adverse selection...

6. Refer to Exhibit 6.If People in the economy expect inflation to be 6 percent but inflation turn out to be 3 percent the economy is operating at point ?

   A. H B. c C. d D. F...

7. Refer to Exhibit 6.Suppose the economy is in long-run equilibrium at point E. A sudden increase in government spending should move the economy in the direction of point ?

   A. d B. G C. E D. b...

8. Refer to Exhibit 6. Suppose the economy is Operating in long-run equilibrium at point E. An unexpected monetary contraction will move the economy in the direction of point ?

   A. H B. F C. E D. c...

9. Suppose the economy is initially in long run equilibrium Then suppose there is a drought that destroys much of the wheat crop if policymakers allow the economy to adjust to long-run equilibrium on its own, according to the model to aggregate demand and aggregate supply what happens to prices and output in the long run ?

   A. Output rises; prices are unchanged from the initial value B. Output and the price level are unchanged from their initial values C. Output falls; prices are unchanged from the initial value D. Prices fall; output is unchanged from its initial value...

10. An economy that trades with and has financial dealing with other countries is called a/an ________ economy?

    A. free-trade B. autarkic C. open D. mixed...