When an organization sets up a self-contained unit, the risk management teams at the divisional levels become redundant
Indicate whether the statement is true or false
F
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The GATT was
a. formed shortly after World War II b. authorized in the American Constitution c. formed in 1994 d. formed in 1876 e. formed to unify the European continent
Suppose that the Fed decides to decrease the growth rate of the money supply in the United States. What is most likely to happen to the U.S. trade deficit and to GDP?
A. The trade deficit will fall; GDP will fall. B. The trade deficit will rise; GDP will rise. C. The trade deficit will fall; GDP will rise. D. The trade deficit will rise; GDP will fall.
A distinguishing feature of an oligopolistic industry is the tension between
a. profit maximization and cost minimization. b. cooperation and self interest. c. producing a small amount of output and charging a price above marginal cost. d. short-run decisions and long-run decisions.
The discount rate is typically:
A. determined by the government, and does not correlate with other interest rates. B. about the same as federal funds rate. C. higher than federal funds rate. D. lower than federal funds rate.