A furniture manufacturer like Thomasville would be concerned with the producer price index because it
A. is related to the real gross domestic product.
B. measures prices that manufacturers must pay for lumber and other raw materials used in the manufacturing process.
C. tracks the cost of housing and transportation.
D. is published daily.
E. measures the effect of interest rates on the economy.
Answer: B
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Which of the following is a similarity between leniency and central tendency?
A. Both are contrast errors in performance appraisals. B. Both are types of distributional errors in performance appraisals. C. Both occur when people are compared against one another instead of against an objective standard. D. Both are behaviors that are never stated as formal requirements of a job.
Suppose that the payoff from an investment depends upon market conditions. A great market has a payoff of $200,000, a normal market has a payoff of $100,000, and a poor market has a payoff of $20,000. What is the Laplace criterion value?
What will be an ideal response?
The highest form of ownership of real property is ____________________
Fill in the blank(s) with correct word
The quick ratio is also known as the ________ test.
Fill in the blank(s) with the appropriate word(s).