Business wrong

What is the ratio of a pound of yellow squash at $.40 a pound and a pound of butter not squash and $1.20 a pound?

1 to 3

To reduce the chance of investigations and orders to cease production, businesses should?

Adhere to government regulations

Which of the following is a true statement about currency exchange rates?

Currency exchange rates change frequently.

When changes in a product's price cause corresponding changes in consumer demand, the product has?

Elastic demand

A managers allowing employees to set the pace of their work is an example of a job providing?

Enrichment

A country is experiencing civil unrest. What is likely to happen to the value of its currency?

It will decrease.

A country's standard of living can be calculated by dividing the goods and services its people have by?

Population

Arm and Hammer baking soda, which was originally developed as a cooking ingredient, is now being sold as an effective refrigerator deodorizer. This is an example of ____________ innovation.

Positioning

The markets way of rationing limited resources, goods and services to consumers in a market economy is through?

Prices

Dividing the dollar value of total sales by the cost of making those sales is one way that businesses often Measure their?

Productivity

What usually results when interest rates continue to increase?

Spending increases

What often happens when a nation has a high unemployment rate?

The nation experiences an economic slowdown.

Technological advances may increase the chance of job obsolescence. For workers this is a _______________ Labor specialization.

disadvantage of

A country's easy monetary policy is often used to correct the problem of?

unemployment