In the dynamic model of money, an increase in the price level causes an increase in money demand, thus leading to a higher nominal interest rate. This effect is referred to as the
A. price-level effect.
B. income effect.
C. liquidity effect.
D. inflationary effect.
Answer: A
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On January 1, 2016, Kathy Corp leased equipment by signing a five-year lease that required five payments of $60,000 due on December 31 of each year. Kathy has a 9% cost of capital and capitalized the lease on January 1, 2016, in the amount of $233,379. As of December 31, 2016, what amount is reported as the current portion of the lease obligation?
A) $60,000 B) $46,331 C) $42,506 D) $13,669
Which of the following examples illustrates a niche strategy?
a. Libra, a motor company, uses new production techniques to achieve economies of scale. b. Alpha Electronics has decided to dissolve one of its strategic business units. c. Venus Inc. has decided to target customers in Asia. d. Relish, a confectionery store, sells its products only in one city.
Lillian is helping the new guy, Arthur, become more acquainted with his new job. She explains how it is important to take initiative by telling him about Sam who used to work for their company many years ago. After listening to Lillian, Arthur had a better understanding of what his new company expected from him. Lillian used which type of organizational culture artifact?
a. Ceremonies b. Rituals c. Symbols d. Stories
Psychological principles of learning refer to the characteristics of training programs that help employees grasp new material, make sense of it in their own lives, and transfer it back to their jobs.
Answer the following statement true (T) or false (F)