Okun's Law relates

A. the unemployment gap and the inflation rate.
B. the unemployment gap and the inflation gap.
C. the inflation gap and the output gap.
D. the unemployment gap and the output gap.


Answer: D

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Phelps Company manufactures custom-designed filtering equipment for swimming pools and tanks. In May 2014, the company had net sales of $895,000 and incurred the following costs of quality: Product design costs $ 8,600 Product recall costs 5,200 Product simulation costs 13,500 Product testing costs 3,500 Product warranty claims 2,000 Scrap and rework costs 3,000 The costs of nonconformance to

percentage of net sales was A) 1.1% B) 2.9% C) 4.0% D) 4.5%

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Which of the following financial institutions of the World Bank provides funds to private companies?

A. the International Development Association B. the International Bank for Reconstruction and Development C. the International Finance Corporation D. the International Centre for Settlement of Investment Disputes

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Which of the following statements about clauses and phrases is most accurate?

A) Phrases contain subjects and verbs; clauses do not. B) Every sentence will include at least one clause and one phrase. C) Clauses have subjects and verbs; phrases do not.

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Project management control is the term that has emerged to reflect how organizations oversee their project management systems.

Answer the following statement true (T) or false (F)

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