In recent years,NICs have had _____ growth rates and LDCs have had _____ growth rates.

A) high;high
B) low;low
C) high;low
D) low;high

________ curves are derived while holding constant income, tastes, and the prices of other goods.

A) Distribution
B) Production
C) Demand
D) Supply

Which of the following would necessarily create a surplus at the original equilibrium interest rate in the loanable funds market?

A) An increase in the supply of or a decrease in the demand for loanable funds
B) An increase in the supply of or an increase in the demand for loanable funds
C) A decrease in the supply of or a decrease in the demand for loanable funds
D) A decrease in the supply of or an increase in the demand for loanable funds

Productivity can be improved by

A) increasing inputs while holding outputs steady.
B) decreasing outputs while holding inputs steady.
C) increasing inputs and outputs in the same proportion.
D) decreasing inputs while holding outputs steady.
E) there is no way to improve productivity.

The crude quantity theory is based on each of these assumptions except that

A) if M rises by a certain percentage,P rises by that same percentage.
B) V and Q are constants.
C) MV = PQ.
D) if M rises by a certain percentage,V will rise by that same percentage.

Boesenhofer, Inc., manufactures and sells two products: Product N6 and Product N7.The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: The activity rate for the Machine Setups activity cost pool is closest to:

A) $73.57 per setup
B) $91.81 per setup
C) $26.24 per setup
D) $28.32 per setup