Which of the following is true of real business-cycle models??
A. According to real business-cycle models the demand shocks are responsible for the business cycles.
B. According to real business-cycle models government intervention is responsible for business cycles.
C. According to real business-cycle models fluctuations in total factor productivity are responsible for business cycles.
D. ?According to real business-cycle models erratic monetary policies are responsible for business cycles.
Answer: C
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The reintroduction of a familiar practice within the same organization is called a(n)
A. practical change. B. adaptive change. C. reactive change. D. innovative change. E. radically innovative change.
If a manufacturer of television sets acquires a magazine publisher, it will be a:
a. vertical merger. b. horizontal merger. c. conglomerate merger. d. product-line.
What is the cash at the end of 2015 for Haven Hardware?
Use the following cash flow data of Haven Hardware for the year ended December 31, 2015.
A. $6,000
B. $94,000
C. $736,000
D. $188,000
The stock price of Harper Corp. is $33 today. The risk-free rate of return is 6%, and Harper Corp. pays no dividends. A put option on Harper Corp. stock with an exercise price of $30 and an expiration date 73 days from now is worth $.95 today. A call option on Harper Corp. stock with an exercise price of $30 and the same expiration date should be worth __________ today.
A. $2.25 B. $3.14 C. $3.99 D. $4.31