Which of the following is an example of an ordering cost for goods held in inventory?
A) the costs of securing the inventory
B) the managerial time spent creating an order for inventory
C) the cost of storage
D) the opportunity cost of using funds to finance the inventory
B) the managerial time spent creating an order for inventory
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If households believe their incomes will fall in the future, the result is a
A) rightward shift in the supply of loanable funds curve. B) leftward shift in the supply of loanable funds curve. C) movement along the supply of loanable funds curve. D) movement along the demand for loanable funds curve.
The immediate (two-day) exchange of one currency for another is a
A) forward transaction. B) spot transaction. C) money transaction. D) exchange transaction.
If a pre -merger Herfindahl-Hirschman Index (HHI) is greater than ________, the market is considered not competitive and any merger receives a high level of scrutiny.
A) 1,500 B) 5,500 C) 500 D) 2,500
Fiscal federalism refers to
A. passing money from one level of government to another. B. leaving indirect taxes to the states. C. keeping property taxes low. D. making all levels of government operate on a “pay as you go” basis.