The legislative branch of the U.S. federal government is ________
A) monocameral
B) bicameral
C) tricameral
D) polycameral
B
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Which of the following best describes the reason why policymakers do not generally like to commit to following a rule for monetary policy?
A. Because changes to the economy's structure will prevent any rule from working well for long B. Because rules do not effectively prevent time-inconsistency C. Because rules without credibility are worse than discretion D. Because central bankers like to feel important
Which of the following statements regarding the price/earnings ratio is incorrect?
A) The price/earnings ratio represents the market price of one share of common stock. B) A price/earnings ratio of 9.2 implies that the company's stock is selling at 9.2 times one year's earnings per share. C) A higher price/earnings ratio signifies a higher return on investment. D) The price/earnings ratio is most useful when comparing one company to another.
The correct order of the three stages of accounting is
A) communication, processing, and measurement. B) measurement, communication, and processing. C) processing, measurement, and communication. D) measurement, processing, and communication.
The customer's perspective governs whether an activity adds value to a product or service
Indicate whether the statement is true or false