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NEW QUESTION: 1
If people expect a higher rate of inflation, the SAS will ____ LAS will ____.
A. decrease, not be affected.
B. increase, not be affected.
C. not be affected, not be affected (changes in inflation expectations will impact demand, not supply).
Answer: A
Explanation:
If people expect higher inflation rate, sellers' incentive to sell at a given price in the current period will be reduced: goods that they do not sell today will be available for sale in the future at what they anticipate will be even higher prices. SAS will decrease. However, this expectation does not have a long-term effect since LAS is determined by technology, resource base and institutional factors only.

NEW QUESTION: 2
What type of user is someone who needs a PC-like experience, heavy performance, and 3D graphics for use in data intensive applications?
A. Knowledge worker
B. Office worker
C. Power and flexible user
D. Task worker
Answer: C

NEW QUESTION: 3
A project is dependent upon business owners providing resources to perform an important task. Since budget cuts will affect their ability to hire the needed resources, some business owners may potentially object to this requirement.
What should the project manager do next?
A. Add a risk to the risk register.
B. Update the resource management plan.
C. Perform a probability and impact assessment.
D. Use the management reserve to hire more resources.
Answer: A

NEW QUESTION: 4
This QFD matrix was used in the design process for a ball point pen. What symbol is appropriate for the square labeled 9?

A. 0
B. 1
C. 2
D. none of the above
Answer: D

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