During the period when Ben Bernanke was the Fed's Chairman, the inflation rate averaged at about 1.7%. In comparison to other periods when the Fed was headed over by other chairmen, this inflation rate can be considered to be
A. average.
B. the highest.
C. the lowest.
D. above average but not the highest.
Answer: C
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Smith Company reported $350,000 in book income before income tax during 2018, its first year of operation. The tax depreciation exceeded its book depreciation by $30,000. The tax rate for 2018 and all future years was 40%. What amount of deferred tax liability should Smith report in its December 31, 2018, balance sheet?
A. $ 10,000 B. $ 9,000 C. $ 8,000 D. $ 12,000
Sexual harassment of tenants is
a. illegal under federal civil rights statutes. b. a problem very often without an effective legal remedy. c. uncommon. d. a form of abatement.
Chick-fil-A uses cows as its mascot. The cows are sometimes dressed in funny costumes or involved in some kind of behavior that defies cow-like conduct. Always they message is to encourage people to eat chicken, not beef. Chick-fil-A is the _____ of the message in this communication process.
A. sender B. decoder C. channeler D. receiver E. communicator
A company that has over 100 employees with locations in several states is typically the type of company in which business angels make an investment.
Answer the following statement true (T) or false (F)