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Q:

A low trough is indicative of

A) the start of a depression B) the end of a recession
C) a serious depression D) a growing recession
 
Answer & Explanation Answer: D) a growing recession

Explanation:

A low trough is indicative of "a growing recession" since a trough indicates a general change in the business cycle, which can have varying degrees of importance. A recession could be an important decline in economic activity that goes on for quite many months.

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Filed Under: Business Analyst
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Fixed cost per unit increases when

A) variable cost per unit decreases B) production volume decreases
C) variable cost per unit increases D) production volume increases
 
Answer & Explanation Answer: B) production volume decreases

Explanation:

Fixed cost per unit increases when production volume decreases. The fixed cost per unit does not always remain the same. Fixed cost per unit increases when production volume decreases and vice versa.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1372
Q:

The demand curve facing a perfectly competitive firm is

Answer

Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.

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Subject: Business Awareness Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following best describes capital punishment in Texas?

A) Texas executes more individuals than any other state and has a statistically low rate of successfully appealed capital cases B) The number of executions in Texas is double the number of executions in every other state combined
C) The number of prisoners executed in Texas has been slowly decreasing since the 1970s D) All of the above
 
Answer & Explanation Answer: A) Texas executes more individuals than any other state and has a statistically low rate of successfully appealed capital cases

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

A trough in the business cycle occurs when

A) economy is transitioning from a period of decline to a period of expansion B) economy is transitioning from a period of expansion to a period of contraction
C) economy is transitioning from a period of expansion to a period of decline D) None of the above
 
Answer & Explanation Answer: A) economy is transitioning from a period of decline to a period of expansion

Explanation:
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Filed Under: Business Analyst
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1361
Q:

When did civil rights become part of the constitution?

A) 1964 B) 1965
C) 1966 D) 1967
 
Answer & Explanation Answer: A) 1964

Explanation:

According to the civil rights act 1964, the civil rights became part of the US constitution.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1356
Q:

The northwest ordinance of 1787 provided for the

A) Provided free public education in this territory B) banned slavery in this territory
C) Protected civil rights D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

4 1353
Q:

Income and consumption are ___________.

A) directly related B) partially related
C) inversely related D) unrelated
 
Answer & Explanation Answer: A) directly related

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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