The risk-free rate on borrowed funds is determined by

A) the Federal Reserve.
B) Congress.
C) supply and demand.
D) the banking system.


Answer: C

Business

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Mathematicians call a sequence of steps a(n) _____ and the categories of data that are considered when following those steps parameters.

Fill in the blank(s) with the appropriate word(s).

Business

Kratzer Company designs and builds fire trucks. During May it had applied overhead of $105,000. Overhead is applied at the rate of 70% of direct labor cost. Direct labor wages average $10 per hour. How many direct labor hours did Kratzer company have for the month of May?

A) 15,000 B) 10,500 C) 1,500,000 D) 4,500 E) none of these

Business

Martha sued Joseph for plagiarizing her song "The Speaking Parrots," released as a single in her 2007 album called "Exhaustion." Martha alleged that Joseph's song, titled "As You Speak," was an unauthorized rip-off of her original hit and that Joseph infringed her copyrighted work. In this scenario, Joseph's actions can be referred to as _____.

A. phishing B. piracy C. pharming D. trademark

Business

An equality constraint requires that only the points on the line described by the constraint are feasible

Indicate whether the statement is true or false

Business