Venture capital firms invest in
A. banks and financial firms.
B. large, successful firms.
C. small firms that have the potential to be very successful.
D. neighborhood convenience stores.
E. chain retail establishments.
Answer: C
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Which of the following is an useful indicator of the stance of monetary policy?
A. The income tax rate B. ?The federal funds rate C. ?The exchange rate D. The rate of unemployment
Ergo Co. is a manufacturing company based in Texas. In the year after Ergo Co. implemented a comparable-worth policy, its expenses increased, and as a result, profits declined. What difficulty of comparable-worth policies does this example illustrate?
A. The employer is at an economic disadvantage because of increased pay for some jobs. B. The policy overlooks the undervalued work performed by women. C. The employer ignores the evaluation points for each job. D. The policy uses job enrichment to establish a pay structure based on market rates. E. Employees in lower-paid jobs are encouraged to meet the goal of comparable worth.
On May 1, 20xx, Bryson Corporation had 200,000 shares of $100 par value common stock outstanding with a market value of $160 per share. On May 2, 20xx, Bryson announced a 4-for-1 stock split. After the split, the par value of the stock
a. remained the same as before the split. b. was reduced to $25 per share. c. was reduced by $40 per share. d. was reduced by $25 per share.
Which of the following is not true regarding the unemployment insurance program?
A. It provides unemployment benefits to qualified workers. B. It adjusts rates paid by employers based on their merit rating. C. It is administered by each state. D. It requires withholding from employee wages. E. It is a joint federal and state program.