The expectations theory suggests that the shape of the yield curve reflects investors expectations about future interest rates
Indicate whether the statement is true or false
TRUE
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As per the listings of the 2015 Index of Economic Freedom by the Heritage Foundation, there is a high correlation between the degree of economic freedom and the extent to which a nation's mixed economy is market-oriented
Indicate whether the statement is true or false
For several years, Bosco Corporation has had a current ratio that was consistent with other companies in its industry. For the most recent year, Bosco's current ratio was significantly higher than that for the industry. What is the best possible explanation for this situation?
a. The other companies in the industry were not as profitable. b. Bosco's liquidity has improved or is not leveraging financial resources effectively. c. Bosco has less property, plant and equipment than other companies. d. Bosco has too much debt.
According to Adam Smith’s writings, in which of the following ways would piece-rate incentives differ from excessive division of labor?
a. They would create a net outflow of workers instead of inflow. b. They would create less competition for skilled labor, not more. c. They would lower a worker’s income instead of raising it. d. They would hurt a worker’s physical health rather than mental health.
Intentional misrepresentation is commonly referred to as ________
A) erroneous misrepresentation B) fraud C) duress D) undue influence