Which of the following is a criticism leveled against VAR models?
A. VAR models are based on classical rather than Keynesian economic theory.
B. Var models are not based on data.
C. VAR models are unable to isolate the effects of policy variables because those variables are not exogenous.
D. VAR models isolate the effects of policy variables because those variables are exogenous variables.
Answer: C
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When considering outsourcing, what should firms be sure to avoid?
A. Giving the outsourcing partner opportunities to become a strong competitor B. Adverse corporate tax implications of asset transfers to the outsourcing partner C. Allowing outsourcing to develop into a substitute for innovation D. Losing control of noncore activities that don't distinguish the firm E. Allowing employees transferred to the outsourcing partner to rejoin the firm
_____ forces lead to new developments in methods for transforming resources into goods or services. For example, a new technique called hydraulic fracturing (or fracking) has been developed to harvest natural gas trapped below the earth's surface.
A. Sociocultural B. Technological C. Demographic D. Political-legal E. Media
Investments in trading securities:
A. Are reported as current assets. B. Include only equity securities. C. Are reported at their cost, no matter what their market value. D. Include both debt and equity securities. E. Are long-term investments.
Which statement is false regarding the Balance Sheet for Governmental Fund Financial Statements?
A. The Balance Sheet for Governmental Fund Financial Statements measures only long-term financial resources of the governmental entity. B. The Balance Sheet for Governmental Fund Financial Statements measures only current financial resources of the governmental entity. C. Capital Assets are not reported on the Balance Sheet for Governmental Fund Financial Statements. D. Long-term debts are not reported on the Balance Sheet for Governmental Fund Financial Statements. E. The Balance Sheet for Governmental Fund Financial Statements uses the modified accrual method for timing purposes.