About what percentage of the household budget is spent on consumer durables and the operation of those consumer durables?
A)
10%
B)
25%
C)
45%
D)
65%
B
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It is generally argued that the takeover constraint:
A. deters management from increasing a firm's level of borrowing. B. deters management from declaring dividends. C. deters management from engaging in opportunistic behaviour. D. deters management from considering acquiring other companies.
An angel investor just provided the financial capital for you to start up a new crop science technology company. You decide to set up your new business using a team-based structure because research shows this organizational design, done effectively, will lead to all of the following except ______.
A. better quality products B. greater innovation C. less waste of resources D. less need for leadership
Which of the statements below is TRUE regarding interest rates in the period 1950-1999?
A) Inflation averaged 1.18%. B) The real rate averaged 4.05%. C) The default premium averaged 7.05%. D) The maturity premium averaged 1.28% (for twenty-year maturity differences).
A(n) ____ imposes partnership duties and liabilities upon a nonpartner who has either represented himself or consented to be represented as a partner
A) fiduciary proceeding B) delectus personae C) partnership by estoppel D) accounting