Which of the following is true regarding credit cards?
a. There are three credit cards per U.S. household.
b. They are officially considered money.
c. They represent an individual’s approval for credit.
d. They are widely accepted in the United States, but few other countries.
e. They represent an arrangement between the cardholder and a bartering partner.
c. They represent an individual’s approval for credit.
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The learning curve is representative of the ________
A) per unit cost of output in the long run B) drop in the average per-unit production cost that comes with accumulated production experience C) number of units the market will buy in a given time period, at different prices that might be charged D) total market demand resulting from different prices E) per unit cost of output in the short run
Office salaries expense for a department store is an indirect expense
Indicate whether the statement is true or false
Which of the following meetings was instrumental in the creation of the International Monetary Fund?
A. the Potsdam Conference B. the Solvay Conference C. the Bretton Woods Conference D. the Second Quebec Conference
Regarding drug and alcohol testing of employees by employers:
a. the NLRB makes it a mandatory subject of collective bargaining in a union setting. b. the constitutional protection from unwarranted search and seizure protects private sector employees from the practice. c. the Constitution prohibits any public sector employer from testing its employees under any circumstances without a warrant. d. federal legislation sets forth comprehensive guidelines for the practice.