If the price level rose in three consecutive years from 100 to 120 to 140, then the annual inflation rate over those years would
A) increase.
B) remain the same.
C) decrease.
D) equal 20%.
Answer: C
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Because private owners are held responsible for damages their property causes to the property of others, private owners have
a. a strong incentive to take steps to reduce the chance that they will harm the property of others. b. a strong incentive to use their property now rather than conserving it for the future. c. little incentive to take good care of the property. d. little incentive to consider the harm their property may do to the property of others.
Typical project charter elements paired with the questions they answer are listed below. Which of these is NOT correct?
a. Background - Answers the question "Who?" b. Resources - Answers the question "How Much?" c. Scope overview - Answers the question "What?" d. Milestone schedule - Answers the question "When?"
An incentive for managers to maximize profits is:
A. performance bonuses. B. reputation. C. takeovers. D. All of the statements associated with this question are correct.
As a firm's output expands, the
A. ATC will reach a minimum before the AVC. B. AVC will reach a minimum before the ATC. C. ATC and AVC will reach minimums at the same output.