The price relative is computed by dividing

a. a base-period unit price by a current unit price and multiplying the result by 100.
b. a current unit price by a base-period unit price and multiplying the result by 100.
c. a current unit price by a base-period unit price and dividing the result by 100.
d. current price by quantity.


b

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When a nation imports materials and other inputs for production duty free, its tariff policy generally results in

a. an effective tariff rate less than the nominal tariff rate. b. a nominal tariff rate less than the effective tariff rate. c. a rise in both nominal and effective tariff rates. d. a fall in both nominal and effective tariff rates.

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Which of the following is a characteristic of the standard normal probability distribution?

A. The mean, median, and the mode are not equal B. The distribution is not symmetrical C. The standard deviation must be 0 D. The standard deviation must be 1

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Explain the difference between a committed and a discretionary fixed cost

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For 2018, unreimbursed qualifying moving expenses for active military personnel are an itemized deduction.

Answer the following statement true (T) or false (F)

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