商务英语部分练习题chapter3

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1、Chapter3WebQuizQuestion1of15Thecorrectansweris:alloftheabove1.Themacroeconomicfactorsthataffectmostfirms'performanceare:a.interestratescb.economicgrowth匚c.inflationcd.aandconlyce.alloftheabovecQuestion2of15Thecorrectansweris:TreasurysecurityratesExplanation:Wha

2、tconsumerswant,areabletoafford,andhowmuchitcoststoproducethoseitemsarethemostdirectlylinkedtopricesetting.Treasurysecurityrateswouldonlyindirectlyaffectmarketpricesbyaffectingthecostoflendingandborrowing.2.Amongthefactorslistedasmostdirectlyinfluencingmarketpri

3、cesbusinessesareabletosetareallofthefollowingEXCEPT:a.Consumerincomea.Treasurysecurityrates匚b.Consumerpreferencescc.ProductionexpensescQuestion3of15Thecorrectansweris:anactivestockmarketleadingtoinflationExplanation:Astockmarketmightbeactiveinadownturnenvironme

4、nt,whichwouldleadtolessmoneyinconsumerhandsandfewerpressuresoninflation.1.Thefederalgovernmentoftenfacesconflictingeconomicobjectives.WhichofthefollowingwouldNOTbeconsideredanexampleofthisdilemma?a.lowinterestratesleadingtohighgrowthproblemscb.economicgrowthlea

5、dingtofullemployment,excessivedemand,and…inflationc.anactivestockmarketleadingtoinflationcd.attractiveborrowingratesleadingtolowumemploymentandinflation匚Thecorrectansweris:grossdomesticproduct(GDP)Explanation:GDPisameasureofthetotalmarketvalueofallfinalgoodsand

6、servicesproducedinacountry.Althoughslow,steadygrowthinthismeasureisnaturallyseenasadvantageous,milddownturnsarenatural.1.Themostbasicmeasureofeconomicgrowthisthe:a.grossdomesticproduct(GDP)cb.steadyinterestratescc.consumerpriceindexcd.unemploymcntratecQuestion5

7、of15Thecorrectansweris:cyclicalunemploymentExplanation:Whendownturnsoccur,unemploymenthappensduetolowereddemandforlabor.Peoplewithskillsareevenaffectedascompanieslowercostsinanattempttosurvive.2.Unemploymentthatiscausedbypooreconomicconditionsisreferredtoas:a.f

8、rictiona1unemploymentb.strueturalunemploymenta.cyclicalunemploymentb.regiona1unemp1oyment匚Question6of15Thecorrectansweris:demand一一pullinflationExplanation:Whendemandforgoods