The efficiency of foreign currency markets is assured, in large measure, by the process of

arbitrageurs.

Indicate whether the statement is true or false


TRUE

Business

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Burger King, Holiday Inn, Avis, and H&R Block tax service are all franchises, which means they are also members of a(n) ________ vertical marketing system (VMS)

A) administered B) conventional C) corporate D) horizontal E) contractual

Business

A meta-analysis examined how often leaders and subordinates agree about how good their leader-member relationships are. The meta-analysis found that there was a ____________________ between leaders and subordinates about the quality of the leader-member relationship.

a. complete lack of agreement (i.e., a negative correlation) b. zero correlation c. moderate overall level of agreement d. extremely high level of agreement

Business

Suppose a corporation can change its depreciation method so that its tax payments will decrease by

$5,000 this year but increase by $5,000 next year. A) The change will have no impact on the value of the company because its cash flow over time will be the same. B) The change will increase the value of the company because the value of the cash savings this year exceeds the cost of the cash payments next year. C) The change will decrease the value of the company because lower tax payments this year result from lower reported income. D) The change will decrease the value of the company because investors don't like changes in accounting methods.

Business

There are no limitations on what constitutes an effect on interstate commerce for purposes of constitutionality of a federal statute

Indicate whether the statement is true or false

Business