Econ 350 certification - Study guides, Class notes & Summaries
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Econ 350 Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 17 pages • 2024
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A company's stock price jumped when it announced that its revenue had decreased because of 
the quality issues of its products. This is an example of ________.Unsystematic risk 
If the Federal Reserve were to change from an expansionary to a contractionary monetary 
policy, this would be an example of ________.Systematic risk 
The S&P 500 index delivered a return of 10%, 15%, 15%, and -30% over four successive 
years. What is the arithmetic average annual return for four years?2.50% 
HKP Ind...
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ECON 705 Mod. 6 Self-Assessment Test with Solutions
- Exam (elaborations) • 9 pages • 2023
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ECON 705 
Mod. 6 Self-Assessment Test with Solutions 
 
 
1.	The ability of a firm to raise its price while still maintaining a certain amount of sales means that the firm 
Select one: 
 
a.	produces a complementary good. 
 
b.	faces perfectly elastic demand for its product. 
 
c.	produces a perfect substitute for the other products in the industry. 
 
 
 
2.	All of the following could be a barrier to entry except Select one: 
a.	large economies of scale. 
 
b.	occupational licenses (e.g., teac...
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Econ 350 Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 17 pages • 2024
-
- $10.49
- + learn more
A company's stock price jumped when it announced that its revenue had decreased because of 
the quality issues of its products. This is an example of ________.Unsystematic risk 
If the Federal Reserve were to change from an expansionary to a contractionary monetary 
policy, this would be an example of ________.Systematic risk 
The S&P 500 index delivered a return of 10%, 15%, 15%, and -30% over four successive 
years. What is the arithmetic average annual return for four years?2.50% 
HKP Ind...
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