Is the investment in the new printer feasible?
a. Yes since NPV>0
b. No since NPV<0
c. Yes since the present value of the cash flows is greater than zero
d. No since the present value of the cash flows is lesser than zero
a
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If the nominal exchange rate were to be expressed as the number of units of domestic currency per unit of foreign currency, and that rate increases, then the domestic currency has:
A. appreciated. B. depreciated. C. become undervalued. D. become overvalued.
Which type of unemployment is most likely to fall as a result of government policies that stimulate aggregate demand?
a. frictional unemployment b. structural unemployment c. natural unemployment d. cyclical unemployment
The downward slope of the demand curve is attributed to:
a. the inverse relationship between price and quantity demanded. b. the direct relationship between income and quantity demanded. c. the direct relationship between price and quantity demanded. d. the inverse relationship between income and quantity demanded. e. the direct relationship between consumer preferences and quantity demanded.
One of the benefits of decentralization is that
A. there are economies of scale if local managers make pricing decisions. B. it lowers the opportunity cost of the time of the higher management. C. local managers have a strong incentive to maximize a firm's value. D. full use can be made of the central manager's knowledge and expertise.