Refer to Figure 11.2. A shift in the demand for francs from D0 to D1, or a shift in the supply of francs from S0 to S2, would result in a(n)





a. depreciation in the dollar against the franc.

b. appreciation in the dollar against the franc.

c. unchanged dollar/franc exchange rate.

d. depreciation in the franc against the dollar.


a. depreciation in the dollar against the franc.

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______ is the tendency for a given system to maintain stability in the face of change.

A. Retention B. Homeostasis C. Enactment D. Metamorphosis

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One of the advantages associated with radio as an advertising medium is that it

A. has a perishable message. B. has a long exposure time. C. allows ads to be placed quickly. D. has an unlimited amount of advertising time available. E. is relatively simple to convey complex messages.

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Twenty-five percent of all resumes received by a corporation for a management position are from recent college graduates. Eighteen resumes were received on a particular day. a.What is the probability that exactly 5 of the resumes are from recent college graduates?b.What is the probability that fewer than 3 of the resumes are from recent college graduates?c.What is the expected number of resumes from recent college graduates?d.What is the variance of the number of resumes from recent college graduates?

What will be an ideal response?

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The SEC requires that a public company submit a:

a. copy of the company's code of ethics by filing an exhibit with the annual report (10-K), or by providing it on the company's Internet web site. b. statement signed by the CEO and CFO attesting to the conformance of the company's financial statements with international accounting standards. c. report listing the fees paid to outside accountants. d. All of the answers are correct.

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