WorldCom committed the largest fraud in the US history. What was the primary method WorldCom’s management used to carry out the fraud? WorldCom recorded assets on the balance sheet that should have been recorded as expenses on the income statement.…
Category: The Natural
art appreciation (Exam) 1 Flashcard Example #52806
In Her Secret Is Patience, Janet Echelman used wood and plastic. fiber, steel, and lights. glass and copper. grass, plants, and flowers. fiber, steel, and lights. Romare Bearden’s Rocket to the Moon is an example of a photomontage. an outsider…
Baroque Period Flashcard Example #572
A drama that is sung is called: an opera The vocal style in opera that imitates the natural inflections of speech is called: recitative It was thorough the musical innovations of the __ that opera was born. Florentine Camerata A…
Microeconomics Flashcard Example #5289
Who are economic agents E and what is market F? E = households; F = product markets An economic model is a simplified version of reality used to analyze real-world economic situations. True What is the opportunity cost of moving…
Ethics Chapter 7 Flashcard Example #26029
For Locke, every person has a distinct right to punish those who transgress the natural law. True The natural state of human liberty is a state of license according to Locke. False One philosopher who does not agree that there…
sociology chapter 12 Flashcard Example #46485
As a social institution, the economy a. produces goods and services. b. guides the consumption of goods and services. c. distributes goods and services. d. All of these responses are correct. d. all correct Which social institution do most sociologists…
4.3.1: Understanding the Natural Rate of Unemployment Flashcard Example #36517
The concept of the natural rate of unemployment is the idea that the economy is stable atSelect one:a. the short-run natural rate of unemployment.b. the long-run natural rate of unemployment. c. the short-run rate of inflation.d. the long-run rate of…
Interpreting Graphs and Data (ch 2) Flashcard Example #33246
What information is presented on the y-axis of the graph? time, measured in 20-year intervals the amount of nitrogen added to Earth’s ecosystems each year the amount of nitrogen stored in Earth’s ecosystems the amount of nitrogen humans add to…
Chapter 12 Practice (Exam) Flashcard Example #68824
The pitch of a musical sound depends on the sound waves Frequency The loudness of a musical sound is a measure of the sound waves Amplitude A general rule for estimating the distance in kilometers b/t an observer and a…
ECON 04 (Exam) 2 MULTIPLE CHOICE Flashcard Example #29115
Nominal GDP is measured as a dollar amount Which of the following is not included in GDP for the reason of avoiding double counting? intermediate goods Consumption makes up about _____ of overall GDP. two-thirds Inventories are included in what…
the natural rate of unemployment Flashcard Example #43572
natural rate of unemployment the rate of unemployment equal to the sum of the frictional and structural unemployment rates. A fully employed economy operates at this rate. frictional unemployment unemployment resulting from workers searching and waiting for jobs. structural unemployment…
Chapter 9 Econ Flashcard Example #79885
Household survey Interviews households and measures the unemployment rate Establishment survey interviews businesses and measures the employment rate. (Many economists like to use this because it is determined by actual payroll records other than unverified answers) Labor force participating rate…