According to the text, a large international debt may cause a government to
A. print more money.
B. impose price controls.
C. reduce debt payments.
D. remove wage controls.
E. increase government spending.
Answer: B
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________ is an ANOVA technique for examining the difference in the central tendencies of more than two groups when the dependent variable is measured on an ordinal scale
A) Nonmetric ANOVA B) Contrasts C) Repeated measures ANOVA D) Multivariate analysis of variance (MANOVA)
Generally speaking, a manager spends ______ of his time communicating.
A. 55% B. 65% C. 75% D. 85%
Which of the following statements is CORRECT?
A. Portfolio diversification reduces the variability of returns on an individual stock. B. Risk refers to the chance that some unfavorable event will occur, and a probability distribution is completely described by a listing of the likelihood of unfavorable events. C. The SML relates a stock's required return to its market risk. The slope and intercept of this line cannot be controlled by the firms' managers, but managers can influence their firms' positions on the line by such actions as changing the firm's capital structure or the type of assets it employs. D. A stock with a beta of ?1.0 has zero market risk if held in a 1-stock portfolio. E. When diversifiable risk has been diversified away, the inherent risk that remains is market risk, which is constant for all stocks in the market.
In the stages of moral development model, the ______ stage involves being aware that people hold a variety of values and that rules are relative to the group.
A. social accord and system maintenance. B. social contract and individual rights C. instrumental purpose and exchange D. obedience and punishment