Perfect capital mobility and fixed exchange rates mean that
A) monetary policy is useless.
B) fiscal policy is useless.
C) monetary policy is super powerful.
D) fiscal policy is less effective than monetary policies.
Answer: A
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Depreciation is an example of which expense recognition principle?
A) association of cause and effect B) systematic and rational allocation C) cost recovery D) immediate recognition
Field workers who collect data typically have research backgrounds and extensive training
Indicate whether the statement is true or false
Roni sees a job posting for a "Business Development Manager in the hospitality industry." Which of the following most accurately describes the duties of this position?
A) soliciting donations from charitable donors and foundations for an organization that promotes hospitality B) selling guest and conference hotel rooms and other hotel services to organizations C) working as a front desk clerk at a hotel D) servicing requests from guests at an upscale resort E) managing the banquet hall at a large restaurant/catering facility
Classifying the purchase of small tools as an expense instead of as an asset will affect a company's:
a. Balance sheet. b. Income statement. c. Balance sheet and income statement. d. None of the above is correct.