Accounting & Auditing Mcqs: cover wide range of topics including financial accounting, management accounting, auditing principles, financial statements, tax accounting, internal controls, and more.
A. The money supply grows faster than money demand
B. The money supply grows faster than price level
C. The money supply grows faster than normal income
D. The money demand grows faster than money supply
A. Increase output
B. Shut down
C. Expand its capital stock
D. Decrease output
A. Increase
B. Decrease
C. Show an unpredictable effect
D. Decrease or stay the same, but not increase
A. Upward
B. Horizontal
C. Downward
D. Inverse
A. Lower is the opportunity cost of holding coins and currency
B. Greater amount of funds business will borrow for investment
C. Greater is the incentive to save
D. More money the federal government would like to borrow
A. Households are irrational
B. They are more useful
C. They yield higher marginal utility
D. They yield higher total utility
A. Inelastic
B. Volatile
C. Unitary elastic
D. Elastic
A. Real Interest rates rise and Investment rises
B. Real Interest rates rise and Investment falls
C. Real Interest rates fall and Investment falls
D. Real Interest rates fall and Investment rises
