Posted: July 18th, 2024
STRAYER ECO550 WEEK 5 MIDTERM EXAM PART 1 LATEST 2016 APRIL
Question 1
4 out of 4 points
The moral hazard in team production arises from
Question 2
4 out of 4 points
Possible goals of Not-For-Profit (NFP) enterprises include
all of the following EXCEPT:
Question 3
4 out of 4 points
Income tax payments are an example of ____.
Question 4
4 out of 4 points
In the shareholder wealth maximization model, the value of a
firm’s stock is equal to the present value of all expected future ____
discounted at the stockholders’ required rate of return.
Question 5
4 out of 4 points
The form of economics most relevant to managerial
decision-making within the firm is:
Question 6
4 out of 4 points
The flat-screen plasma TVs are selling extremely well. The originators of this technology are
earning higher profits. What theory of
profit best reflects the performance of the plasma screen makers?
Question 7
4 out of 4 points
The level of an economic activity should be increased to the
point where the ____ is zero.
Question 8
4 out of 4 points
A change in the level of an economic activity is desirable
and should be undertaken as long as the marginal benefits exceed the ____.
Question 9
4 out of 4 points
Based on risk-return tradeoffs observable in the financial
marketplace, which of the following securities would you expect to offer higher
expected returns than corporate bonds?
Question 10
4 out of 4 points
The primary difference(s) between the standard deviation and
the coefficient of variation as measures of risk are:
Question 11
4 out of 4 points
Generally, investors expect that projects with high expected
net present values also will be projects with
Question 12
4 out of 4 points
An closest example of a risk-free security is
Question 13
4 out of 4 points
Songwriters and composers press music companies to lower the
price for music downloads because
Question 14
4 out of 4 points
A price elasticity (ED) of −1.50 indicates that for a ____
increase in price, quantity demanded will ____ by ____.
Question 15
4 out of 4 points
Suppose we estimate that the demand elasticity for fine
leather jackets is .7 at their current prices.
Then we know that:
Question 16
4 out of 4 points
Producers’ goods are:
Question 17
4 out of 4 points
The factor(s) which cause(s) a movement along the demand
curve include(s):
Question 18
4 out of 4 points
An increase in each of the following factors would normally
provide a subsequent increase in quantity demanded, except:
Question 19
4 out of 4 points
Marginal revenue (MR) is ____ when total revenue is
maximized.
Question 20
0 out of 4 points
Even though insignificant explanatory variables can raise
the adjusted R2 of a demand function, one
should not interpret their effects on the regression when
Question 21
4 out of 4 points
The constant or intercept term in a statistical demand study
represents the quantity demanded when all independent variables are equal to:
Question 22
4 out of 4 points
In regression analysis, the existence of a significant
pattern in successive values of the error term constitutes:
Question 23
4 out of 4 points
Demand functions in the multiplicative form are most common
for all of the following reasons except:
Question 24
4 out of 4 points
The standard deviation of the error terms in an estimated
regression equation is known as:
Question 25
4 out of 4 points
In which of the following econometric problems do we find
Durbin-Watson statistic being far away from 2.0?
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