The difference between the value of a business as a going concern compared with what is collected from selling the assets of the company is known as a:
a. going concern surplus b. final concern surplus c. bankruptcy surplus
d. potential concern surplus e. real surplus
a
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When nations are of similar size and have similar taste patterns, the gains from trade
a. are shared equally between them. b. are impossible to determine. c. are too small, so that trading is not beneficial. d. are determined by the nation that has comparative advantage in the more essential product.
What does a downward-sloping yield curve imply, according to the expectations theory of the term structure of interest rates?
A. Investors expect long-term interest rates to rise in the future. B. Investors expect future short-term interest rates to be lower than the current short-term interest rate. C. Investors expect future short-term interest rates to be the same as the current short-term interest rate. D. Investors expect future short-term interest rates to be higher than the current short-term interest rate.
Unconscious reference to your own cultural values when judging behaviors of others in a new and different environment is known as the ________ criterion.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT one of the potential responses to a specific risk event?
A. Retaining B. Ignoring C. Avoiding D. Transferring E. Mitigating