How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask unvrs Your Own Question

unvrs
unvrs, Master's Degree
Category: Business and Finance Homework
Satisfied Customers: 348
Experience:  CFA Level 2 Candidate
Type Your Business and Finance Homework Question Here...
unvrs is online now
A new question is answered every 9 seconds

1. Debt that is owed to foreigners is called: (Points : 5)

Resolved Question:

1. Debt that is owed to foreigners is called: (Points : 5)
internal debt.
external debt.
national debt.
international debt.


2. Scarcity will always exist because: (Points : 5)
individuals can't solve the three central coordination problems.
governments can't solve the three central coordination problems.
the supply of goods is always less than the demand.
incentives that encourage work and reduce human desires cannot keep new wants from developing.


3. The opportunity cost for a student of attending college for a year is best measured by the: (Points : 5)
benefit received by the student.
tuition paid for the year.
value of the next-best activity forgone by attending college.
total money outlays associated with attending college.


4. Which two systems require the least amount of government intervention? (Points : 5)
Mercantilism and capitalism.
Feudalism and socialism.
Capitalism and feudalism.
Mercantilism and socialism.


5. Businesses do all of the following except: (Points : 5)
pay taxes to the government.
demand labor services from households in the factor market.
demand goods and services from households in the goods market.
supply goods and services to the government in the goods market.


6. Opportunity cost is the same as marginal cost. (Points : 5)
True
False

7. An economic force given relatively free reign by society to work through the market is: (Points : 5)
a market force.
an economic force.
a price mechanism.
a political force.


8. Debt is measured relative to GDP because: (Points : 5)
the ability to pay off a country's debt depends on its productive capacity.
the ability to produce output depends on the size of the nation's debt.
GDP is always used as a reference point in economics.
as long as this ratio remains high, the government will have no trouble repaying the debt.


9. A government runs a budget deficit when: (Points : 5)
tax revenues exceed government expenditures.
government expenditures exceed tax revenues.
accumulated deficits exceed accumulated surpluses.
accumulated surpluses exceed accumulated deficits.


10. Households supply factors of production to business and are paid by business for doing so. The market where this interaction takes place is called the factor market. (Points : 5)
True
False
Submitted: 1 year ago.
Category: Business and Finance Homework
Expert:  unvrs replied 1 year ago.
Hi, Thanks for using Just Answer.
Here is my answer.
https://www.box.com/s/2289fb250fc34528b237
Please let me know if you have any questions. Thank you for your positive rating in advance. Have a great one.
unvrs, Master's Degree
Satisfied Customers: 348
Experience: CFA Level 2 Candidate
unvrs and other Business and Finance Homework Specialists are ready to help you

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • linda_us

    Master's Degree

    Satisfied Customers:

    688
    A tutor for Business, Finance, Accounts and other related topics.
< Last | Next >
  • http://ww2.justanswer.com/uploads/LI/lindaus/2012-6-10_04811_IMG20120609164157.64x64.jpg linda_us's Avatar

    linda_us

    Master's Degree

    Satisfied Customers:

    688
    A tutor for Business, Finance, Accounts and other related topics.
  • http://ww2.justanswer.com/uploads/JawaadAhmed/2009-6-27_12137_SIs_SHadi.jpg F. Naz's Avatar

    F. Naz

    Bachelor's Degree

    Satisfied Customers:

    296
    Have completed B.COM and CA Finalist
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg Bizhelp's Avatar

    Bizhelp

    Bachelor's Degree

    Satisfied Customers:

    253
    BA degree and Certified Public Accountant
  • http://ww2.justanswer.com/uploads/ED/educatortech/2012-6-7_1256_williams4.64x64.jpg Mr. Gregory White's Avatar

    Mr. Gregory White

    Master's Degree

    Satisfied Customers:

    188
    M.A., M.S. Education / Educational Administration
  • http://ww2.justanswer.com/uploads/BF/bfc77usa/2011-5-11_42346_face.64x64.jpg Alex's Avatar

    Alex

    Bachelor's Degree

    Satisfied Customers:

    140
    BS in Business Administration with honors. Able to assist in many business related courses.
  • http://ww2.justanswer.com/uploads/FL/FLAandNYLawyer/2012-1-27_14349_3Fotolia25855429M.64x64.jpg FiveStarLaw's Avatar

    FiveStarLaw

    Lawyer, Accountant & Researcher

    Satisfied Customers:

    137
    25 years of experience helping people like you.
  • http://ww2.justanswer.com/uploads/BR/brittanyshock1/2012-6-16_174743_JAphoto.64x64.jpg Brittany's Avatar

    Brittany

    Professional

    Satisfied Customers:

    26
    AA/Accounting BS/Business
 
 
 

Related Business and Finance Homework Questions