In the context of fiscal policy,increased taxes and reduced government spending:

A) restrict economic activities.
B) create more profits for firms.
C) increase a nation's gross domestic product
D) cut unemployment rates.

Dratif Corporation's working capital is $33,000 and its current liabilities are $80,000.The corporation's current ratio is closest to:

A) 1.41
B) 0.59
C) 3.42
D) 0.41

There is a remedy available for nearly every breach of contract.

Use of an external executive coach offers which advantage?

A) wider experience
B) easy availability
C) more knowledge of the culture
D) better understanding of core competencies

When perfection by possession occurs, the parties must have a written security agreement.

Which one of the following terms best describes Eurodollars?

A) Dollar-denominated deposits only in European banks.
B) Dollar-denominated deposits at branches of foreign banks in the U.S.
C) Dollar-denominated deposits at foreign banks and branches of American banks outside the U.S.
D) Dollar-denominated deposits at American banks in the U.S.
E) Dollars that have been exchanged for European currency.

Refer to Figure 4.6. If price goes from equilibrium to P1, producer surplus changes by the area

A) E - C.
B) C + E
C) E + F.
D) B - F.