The Washington, D.C. Fed bank, with over 30 percent of the system's assets, is the most important Federal Reserve Bank

Indicate whether the statement is true or false


FALSE

Business

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William has decided to change a significant habit in his life. At this time, he is reading about the habit and gathering ideas on how to change it. William is in which stage of the change process?

A) ?Motivation B) Knowledge? C) Practice? D) Reinforcement

Business

Macy is English and works for a U.S.-based company in England. It appears the company has made a(n) ______ staffing choice.

A. ethnocentric B. polycentric C. geocentric D. domestic

Business

On December 31, Strike Company has decided to trade-in one of its batting cages for another one that has a cost of $500,000. The seller of the batting cage is willing to allow a trade-in amount of $11,000. The initial cost of the old equipment was $215,000 with an accumulated depreciation of $185,000. Depreciation has been taken up to the end of the year. The difference will be paid in cash. What

is the amount of the gain or loss on this transaction? A) Loss of $11,000 B) Gain of $11,000 C) Loss of $19,000 D) No loss or gain will be recorded.

Business

Market power under the Sherman Act is defined by both geographic and product markets

Indicate whether the statement is true or false

Business