Which firm provides the better signal when trying to decide which of the firms' stock to buy?
A) Firm A, which uses an independent accounting firm for auditing.
B) Firm B, which uses an internal group for auditing.
C) Firm C, which has seen its stock go up by $20 per share in the last week.
D) Firm D, which hasn't been under SEC investigation for over 5 years.
A
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Higher nominal interest rates ________ the amount of money demanded and higher real income ________ the amount of money demanded.
A. increase; increases B. increase; decreases C. decrease; decreases D. decrease; increases
Which of the following is correct?
a. Once adjustment is made for inflation, the prices of most natural resources have been about steady or falling. b. Technological progress has allowed us to substitute renewable resources for some nonrenewable resources. c. Technological progress has made once-crucial natural resources less necessary. d. All of the above are correct.
If the CPI was 196.5 in 2005 and 172.2 in 2000, by what percentage did prices rise during the period 2000-2005?
A) 0.10 percent B) 6.43 percent C) 10 percent D) 14.1 percent
The resource curse is when:
A. a nation only has an inherent comparative advantage for one resource. B. the discovery of a resource in a nation causes its currency to appreciate and thus causes the nation to lose comparative advantages in other sectors. C. a nation only has a transferrable comparative advantage for one resource. D. a nation has neither an inherent nor a transferrable comparative advantage for any resource.