In the two-period model, a decrease in the real interest rate causes the budget constraint to
A. shift to the left in a parallel fashion.
B. shift to the right in a parallel fashion.
C. rotate in a clockwise direction.
D. rotate in a counterclockwise direction.
Answer: D
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On December 1, 2016, Vonn Corporation paid $8,000 rent in advance. The rent per month is $1,000 . If Hazel's accounting period ends on December 31, 2016, what will be reported on the financial statements?
a. Prepaid Rent of $7,000 on its balance sheet at December 31, 2016 b. Prepaid Rent of $8,000 on its balance sheet at December 31, 2016 c. Rent Expense of $8,000 on its 2016 income statement d. Rent Revenue of $7,000 on its 2016 income statement
$2,000 invested today at 12% with compound interest will yield $2,480 in 2 years
a. True b. False Indicate whether the statement is true or false
Which procedure will prevent two end users from accessing the same data element at the same time?
a. data redundancy b. data replication c. data lockout d. none of the above
The retail training method that involves active participation by trainees is _____
a. sensitivity training b. video c. lecture d. pre-training