Internal rate of return analysis suggest that a project should be undertaken if
A. NPV >0.
B. MB > 0.
C. IRR > discount rate.
D. discount rate >inflation rate.
C. IRR > discount rate.
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The vertical long-run Phillips curve
a. shows the Fed's employment options b. is vertical because the Fed refuses to change the unemployment rate in the long run c. indicates that the Fed cannot affect the unemployment rate in the long run d. is fixed permanently e. measures recessionary pressures
Idiosyncratic risk:
A. is unique to a particular company or asset. B. is not generally absent from index funds. C. can not be eliminated through diversification. D. All of these are true.
Refer to the information provided in Figure 13.10 below to answer the question(s) that follow. 
Figure 13.10 Refer to Figure 13.10. If Armstrong Cable were free to sell to any number of subscribers it desires and set any price, it would sell to ________ subscribers at a price of ________.
A. 1,000; $16 B. 2,500; $12 C. 800; $15 D. 2,200; $13
If the interest rate is 4 percent per year and you borrow $100 for one year, at the end of the year you must pay back
A. $100. B. $104. C. $96. D. $4.