At a recent company meeting, Geraldine Erwin, sales manager of Dastoria, a flavored-beverage producer announced, "We have increased our sales by 8 percent in just six months." Suppose six months ago, its sales amounted to $452,000, what is the value of
its sales today?
A) $36,160
B) $415,840
C) $488,160
D) $565,000
Answer: C
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A reason why rogue traders have bankrupt their banks is due to
A) the separation of trading activities from the bookkeepers. B) stringent supervision of trading activities by bank management. C) accounting errors. D) a failure to maintain proper internal controls.
Which of the following will lead to a higher interest rate on a loan?
A) lower inflation B) lower opportunity cost C) increased perceived risk of default D) reduced likelihood of borrower not paying the loan
For the U.S. economy, which of the following helps explain the slope of the aggregate-demand curve?
a. An increase in the price level decreases the interest rate. b. An increase in the price level increases the interest rate. c. An increase in the money supply decreases the interest rate. d. An increase in the money supply increases the interest rate.
Government policies to raise the rate of productivity growth include all of the following except
A. helping build human capital by worker training programs. B. improving forecasts of unemployment. C. encouraging research and development. D. improving infrastructure.