A Latin square is conceptualized as a table, with the rows and the columns representing the blocks in the two external variables

Indicate whether the statement is true or false


TRUE

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According to monetarists, the main source of fluctuations in economic activity is

A. changes in the amount of money in the economy. B. waves of optimism and pessimism that cause business investment in capital goods to fluctuate. C. changes in the prices of oil and other resources. D. changes in productivity.

Business

If your after-tax realized real interest rate was 1 percent over the past year and the inflation rate was 3 percent, what was the nominal interest rate on your one-year bond if your tax rate was 15 percent?

A. 4.45 percent B. 4.7 percent C. 5.0 percent D. 5.25 percent

Business

A local government can require a prior cash deposit from importers before allowing goods into the country

Indicate whether the statement is true or false

Business

A corporation issued 110 shares of its $5 par value common stock in payment of a $1900 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include:

A. A $1900 credit to Cash. B. A $1900 debit to Legal Expenses. C. A $550 debit to Organization Expenses. D. A $1900 credit to Common Stock. E. A $1350 credit to Paid-in Capital in Excess of Par Value, Common Stock.

Business