A nominal rate of interest is equal to the sum of the real rate of interest plus the risk free rate of interest

Indicate whether the statement is true or false


FALSE

Business

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Distinguish between the financial statement presentation of unrealized gains and losses related to trading securities and the financial statement presentation of unrealized gains and losses related to available-for-sale securities

Business

Standard costs are used in the calculation of:

A. Price, quantity, and sales variances. B. Price and quantity variances. C. Price variances only. D. Quantity and sales variances. E. Quantity variances only.

Business

The Equal Credit Opportunity Act would not prohibit which of the following? First Bank refuses to extend credit to:

a. females. b. men over 70 years of age. c. people with incomes below $10,000. d. people from Italy.

Business

To be eligible for unemployment compensation, a worker must be willing and able to work.

Answer the following statement true (T) or false (F)

Business