Accounts Receivable Questions

Q:

Goods that are excludable include both

A) public goods and common resources B) common resources and private goods
C) natural monopolies and public goods D) private goods and natural monopolies
 
Answer & Explanation Answer: D) private goods and natural monopolies

Explanation:

Goods that are excludable include both private goods and natural monopolies.

Report Error

View Answer Report Error Discuss

2 348
Q:

Credit sales are recorded as

A) Accounts Receivable B) Accounts Payable
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) Accounts Receivable

Explanation:
Report Error

View Answer Report Error Discuss

1 348
Q:

Other things the same, when the interest rate rises 

A) people would want to lend less, making the supply of loanable funds decrease. B) people would want to lend less, making the quantity of loanable funds supplied decrease.
C) people would want to lend more, making the supply of loanable funds increase. D) people would want to lend more, making the quantity of loanable funds supplied increase.
 
Answer & Explanation Answer: D) people would want to lend more, making the quantity of loanable funds supplied increase.

Explanation:

Other things the same, when the interest rate rises people would want to lend more, making the quantity of loanable funds supplied increase.

Report Error

View Answer Report Error Discuss

0 341