Which of the following countries is part of the ERM but NOT part of the Eurozone?
A) France
B) Italy
C) Spain
D) Denmark
Ans: D) Denmark
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Which of the following is not an advantage of starting a new business as a partnership?
A) The owners have complete control over the business. B) A partnership can easily attain additional funding. C) A partnership has few government rules and regulations to comply with. D) Business profits are only taxed once, not twice.
An asset is anything of value owned by a person or firm
Indicate whether the statement is true or false
If the government accelerates money supply growth and enlarges the budget deficit to stimulate aggregate demand, the rational expectations hypothesis indicates that decision makers will:
A. ignore the policy until it exerts an observable impact on prices, output, and employment. B. quickly take steps to adjust their decision making in light of the more expansionary policies. C. be fooled at the outset but eventually adjust their decision making in accordance with the change in policy. D. be unaware that this policy change has been implemented until a higher rate of inflation is observed.
Refer to the information and assume the stadium capacity is 5,000. If the Mudhens' management wanted a full house for the game, it would:
A. set price so as to maximize its total revenue.
B. encourage scalpers to sell their tickets for more than $7.
C. set ticket prices at $5.
D. set ticket prices at $9.