All of the following will result from increased international mobility of factors of production except which one?
Oxfam is a charity established to provide aid to the poor. Which ONE of the following statements about Oxfam is FALSE?
Country Y and country Z both impose tariffs on goods imported from each other. Which of the following would likely to be a long-term effect of the imposition of such tariffs?
All of the following items would appear as a credit on the current account of a country's balance of payments accounts except which one?
Golden Crisp Cereals has calculated that its demand price elasticity is -1.4. It wants to expand in order to produce more cereal and hence increase its sales.
Which of the following are ways in which Golden Crisp Cereals could expand in the short run?
Select ALL that apply.
If out of every £20 million increase in national income, £2 million is saved, £4 million is spent on imports and £4 million is paid to the government in taxation, an increase in exports of £40 million will lead to an eventual increase in national income of
A clothes retailer has estimated a linear trend equation including trend, seasonal and cyclical components to forecast its sales for the next four quarters Which of the following factors would generate actual sales figures that are likely to differ markedly from the forecast?
Best for Beer is a brewery based in the UK. In the last year, it has seen its sales decrease by 23%. During the same period, the British Government has launched and run a public health campaign against excessive
alcohol consumption due to the rising number of incidents related to excessive alcohol consumption or 'binge-drinking' in the country.
Which of the following sources would be most relevant for Best for Beer to discover more about the public health campaign's effect on sales?
The manger of a branch of retailer Brilliant Buys wants to calculate the correlation between employee happiness and productivity. He has ranked each of the 10 employees at his branch in both fields, as shown to the left.
What degree of correlation is there between productivity and happiness at Brilliant Buys, using Spearman's coefficient?
The company flowbo Ltd. currently owns 25 bonds with a total nominal value of £1,000. The bill rate is currently 7%. The market value of the bonds is currently 14.5% higher than the nominal value of each individual bond
plus the bill rate.
Which of these is the difference between the nominal value of the bonds plus the bill rate payout and the market value of each bond?
Express your answer in whole pounds.
