An employee injured by a damaged machine that the employer knows is broken has recourse under
a. the Good Samaritan Rule.
b. the standard of Strict Liability.
c. the legal principle of General Average.
d. the doctrine of Respondeat Superior.
d. the doctrine of Respondeat Superior.
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The due diligence process is
A) the process by which a firm chooses an investment bank. B) when an investment bank researches a firm's value. C) how an investment bank underwrites large issues. D) the review of a prospectus by the SEC.
Assume the Fed purchases $5,000 worth of U.S. Treasury bonds from Bill Gates, who promptly deposits the money in Microsoft Rules National Bank. Assuming that the required reserve ratio is 25 percent and banks keep zero excess reserves, then the money supply will ultimately:
a. increase by a maximum of $5,000. b. increase by a maximum of $20,000. c. decrease by a maximum of $5,000. d. decrease by a maximum of $20,000.
A movement down and to the left along the aggregate supply curve will occur when
a. firms' average markup is stable and a decrease in real GDP causes unit costs to fall b. world oil prices fall, thus decreasing the price level c. a change in fiscal policy causes aggregate expenditure to increase d. firms decide to produce less than before at each price level e. an increase in real GDP causes the price level to fall
A forecaster used the regression equationQt = a + bt + c1D1 + c2D2 + c3D3and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III. 
At the 5 percent level of significance, is there a statistically significant trend in sales?
A. Yes, because 2.14 > 0.05. B. Yes, because 0.700 > 0.05. C. No, because 0.0362 > 0.01. D. Yes, because 0.0362 < 0.05. E. both c and d