Sophia Microeconomics Unit 4 milestone 4.docx - 1 Which of...

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1Which of the following statements is NOT true regarding processmapping?It is an established procedure, developed in the 1930s.It is a pictorial representation of a process.It is used to document processes.Symbols are used to guide the process map.CONCEPTProcess Mapping--Efficiency2Where the supply curve is more inelastic than the demand curve,who bears more of the burden of a tax?ProducersThere is not enough information to answer this questionBoth consumers and producers share the burden equallyConsumersCONCEPTTaxation and Subsidy3CEO "say on pay" was a result of __________.CEOs deciding what type of stock options to issue their executiveemployees
CEO involvement in selection of mutual funds in which to place theircompaniescloser investor scrutiny of CEO paygreater CEO involvement in "green initiatives"CONCEPTSustainable Returns--Investor Impact4Which indicators show change at the same time as the economy andthus give a sense of where the economy is in relation to thebusiness cycle?Leading indicatorsLagging indicatorsCoincident indicatorsAll of the given answer choices are correctCONCEPTCoincident Indicators5Which one of the following is NOT an example of a practice thatcontributes to anthropomorphic climate change?Deforestation and use of pesticidesOveruse and grazing of landsChange in migration patternsEmissions of greenhouse gases
CONCEPTAssessing Costs of Anthropomorphic Climate Change--Regulatory Intervention6If William quit his office job and is now looking for a positionteaching English overseas, what type of unemployment would he beexperiencing?

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Term
Winter
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