Because people can enjoy the benefits of public goods whether they pay for them or not, they are usually unwilling to pay for them. This is known as the

A) drop-in-the-bucket problem.
B) nonexcludable problem.
C) nonrival problem.
D) free-rider problem.

The progression of withdrawal begins with lateness.

Operating under severe recessionary conditions,the Federal Reserve System decides to reduce its reserve requirements from the current level of 9% to 7.5%.Which of the following is likely to happen following the Fed's move?

A) The rate of unemployment will double.
B) The rate of growth in the economy will fall drastically.
C) It increases the availability of credit with the commercial banks.
D) Businesses will find it difficult to borrow at cheaper rates of interest.

Google's employee-centered flexible working structure is an example of what level of the behavior model?

A) individuals
B) departments
C) teams
D) organizations

An accumulated depreciation account

A) is a contra-liability account.
B) increases on the debit side.
C) is offset against total assets on the balance sheet.
D) has a normal credit balance.

Which of the following costs incurred by a paper manufacturer would be included in the group of costs referred to as conversion costs?

A) machine operator's wages.
B) sales person salaries.
C) lumber.
D) advertising costs.