Business Admin
11 Questions
| Total Attempts: 1093
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This quiz is designed to help study for the Business Administration midterm.
Questions and Answers
- 1.
- A.
Lower Taxes
- B.
Reduce Spending
- C.
Spend More
- D.
Raise Interest Rates
- 2.The ____ policy changes levels of ____ and ____ in order to control the economy.
- A.
Monetary, taxation, spending
- B.
Fiscal, taxation, spending
- C.
Fiscal, inflation, taxation
- D.
Monetary, inflation, spending
- 3.
- 4.A price increase leads to a(n) ____ in supply.
- 5.A market structure where a few firms produce most or all of the output.
- A.
Pure Monopoly
- B.
Perfect Competition
- C.
Monopolistic Competition
- D.
Oligopoly
- 6.Which trade barrier does the following fit in to? Embargo, Import quota, Customs Regulations, and Exchange Controls.
- A.
Tariffs
- B.
Natural Barriers
- C.
Word Trade Organization Barriers
- D.
Non-Tariffs
- 7.An agreement by 117 countries to reduce trade barriers.
- A.
World Trade Organization
- B.
Embargo
- C.
Uraguay Round
- D.
European Union
- 8.
- 9.A lifestyle made up of a complex set of interests and choices.
- A.
Component
- B.
Complex
- C.
Unique
- D.
Ethical
- 10.The concern of businesses for the welfare of society as a whole.
- A.
Demography
- B.
Social Responsibility
- C.
Ethics
- D.
Utilitarianism
- 11.Using a misleading advertisement in order to increase sales is in which stage of Ethical Development?
- A.
Preconventional
- B.
Conventional
- C.
Postconventional
- D.
Ethical
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