In economic expansions, the dollar usually

A. appreciates.
B. depreciates.
C. remains unaffected.
D. follows no consistent pattern.


Answer: D

Business

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Donald, who is a resident of Louisiana, is robbed in Oklahoma County, Oklahoma. The robber, who is a resident of the state of Texas, is soon apprehended. Which of the following is the proper venue to hear this case?

A) state court in Louisiana because the plaintiff is from Louisiana B) state court in Texas because the defendant is from Texas C) Oklahoma federal court because the robber has committed a federal crime D) Oklahoma County Court because it is nearest in location to the scene of the crime

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Which of the following cannot be considered a nontariff trade barrier?

A. Taxes on imports B. Quotas C. Domestic subsidies D. Import licensing and product standards manipulated to favor domestic companies

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EFG Transportation Company uses the straight-line method to depreciate its delivery truck. Which of the following reflects how recognizing depreciation expense would affect the elements of the financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt of CashFlowsA.+ ? NA NANA NA NANAB.+ ? NA NANA + ?? OAC.? NA ?NA + ?NAD.+ + NANA NA NA? OA

A. Option A B. Option B C. Option C D. Option D

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An agency's power to determine whether the activity of a regulated entity is acceptable or not is an example of:

A) rate-making power B) licensing power C) power over business practices D) liability power

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