An inverted yield curve indicates that

A. an economic expansion has just begun.
B. an economic expansion has been going on for several years.
C. a recession is about to begin.
D. a recession is nearly over.


Answer: C

Business

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Adam Smith's book, The Wealth of Nations, is a source of support for some elements of antitrust law.

Answer the following statement true (T) or false (F)

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A passive physiological process of gathering sound waves and transmitting them to the brain for analysis is known as ________.

A. hearing B. memorizing C. comprehending D. attending

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If Parnell Industries is uncertain that it will collect all four payments from Ranger Inc and uses the installment method of accounting for revenue recognition what amount of gross profit should Parnell recognize in 2012 from the sale?

a. $0 b. $861,883 c. $172,377 d. $800,000

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Which stage of the consulting process involves the strategy being carried out on agreement?

a. Contracting b. Diagnosis and feedback c. Intervention d. Evaluation and exit

Business