The discount rate is the
A. targeted inflation rate for an economy.
B. ongoing taxation rate in an economy.
C. interest rate that the Fed charges on the loans it makes.
D. nominal interest rate charged by financial intermediaries when they advance loans.
Answer: C
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In terms of cost behavior, telephone expense and direct materials are classified as
a. variable and fixed, respectively. b. fixed and variable, respectively. c. mixed and fixed, respectively. d. mixed and variable, respectively.
When making a decision on how to discipline an employee, Peter asks himself how he would feel if someone made the decision about him. It appears Peter is using the _________ ethical approach.
A. Golden Rule B. code of ethics C. stakeholders’ approach D. discernment and advice
By the majority view, a minor need only return any property he has received from the other party if the minor wishes to disaffirm the contract. He has no duty to return the property in the same condition in which he received it
a. True b. False Indicate whether the statement is true or false
Which of the following statements regarding the supply chain is TRUE?
A) A second-tier supplier is downstream from a first-tier supplier. B) A first-tier supplier is upstream from a second-tier supplier. C) A first-tier supplier is downstream from a second-tier supplier. D) A customer is upstream from a first-tier supplier.