Savings and loans lost a total of $10 billion in 1981-1982 due to a combination of rising interest rates in 1979-1981 and
A) the recession of 1981-1982 that reduced real estate prices enough to cause significant loan defaults.
B) the regulatory restrictions enacted by Congress in 1981 and 1982.
C) the loss of market share to commercial banks that were allowed to compete directly with thrifts in the real estate market.
D) the acceleration of inflation in 1981-1982 that caused thrifts to lose additional funds to money market mutual funds.
A
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______ learning is similar in form to operant conditioning except the employee is not learning from the consequences of the employee’s own actions but from the consequences of the actions of another person.
A. Plateau B. Social C. Vicarious D. Competency
The distinction between avoidable and unavoidable costs is similar to the distinction between
a. variable costs and fixed costs. b. variable costs and mixed costs. c. step-variable costs and fixed costs. d. discretionary costs and committed costs.
Chase Company rents space to a tenant for $2600 per month. The tenant currently owes rent for November and December. The tenant has agreed to pay the November, December, and January rents in full on January 15 and has agreed not to fall behind again. The adjusting entry needed on December 31 is:
A. Debit Rent Receivable, $7800; credit Rent Earned, $7800. B. Debit Rent Receivable, $5200; credit Rent Earned, $5200. C. Debit Rent Receivable, $2600; credit Rent Earned, $2600. D. Debit Unearned Rent, $2600; credit Rent Earned, $2600. E. Debit Unearned Rent, $5200; credit Rent Earned, $5200.
The cost estimating approach that involves "eye-balling" the closest fitting line to the data is the:
A. scattergraph method. B. regression analysis. C. high-low method. D. visual fit method.