The Friedman rule suggests that
A. the optimal nominal interest rate in an economy should be negative.
B. the optimal nominal interest rate in an economy should be positive.
C. the optimal nominal inflation rate in an economy should be positive.
D. the optimal nominal inflation rate in an economy should be negative.
Answer: D
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What is the effect of the payment of an account payable on the current ratio and the quick ratio, respectively? (Assume the current ratio was 2.3 times and the quick ratio was 2.1 times before this transaction.)
A) Decrease in current ratio; no effect on quick ratio B) Increase in current ratio; increase in quick ratio C) No effect on current ratio; no effect on quick ratio D) Decrease in current ratio; decrease in quick ratio
Managerial communication may occur at any of the following levels except ______.
A. intrapersonal B. universal C. group D. intercultural
Ethical relativism holds that moral standards ought to be based on an individual's feelings of what is right or wrong
Indicate whether the statement is true or false
All of the following groups are included in the diffusion of innovation curve except
A. late majority. B. early adopters. C. nonadopters. D. early majority. E. innovators.