When the Fed adopts a contractionary monetary policy, the interest rate at which the Fed lends to other banks will be expected to _____ and the money supply in the economy would be expected to ____.
A. decrease; decrease
B. decrease; increase
C. increase; decrease
D. increase; increase
Answer: C
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Phil, the store manager, recently had to fire Sue, an employee who graduated from North College. He felt that Sue was not well trained at her school. So when Steven, also a graduate from North College, applied for Sue's old position, he did not want to consider hiring him, feeling Steven also probably did not receive the proper training. Phil was affected by _____ bias.
A. blind B. training C. confirmation D. representativeness E. adjustment
When using the indirect method, how is the decrease in accounts payable shown on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing and financing activity
At the breakeven point, contribution margin equals revenue
Indicate whether the statement is true or false
Which of the following is not a statutory right afforded to union health and safety representatives in the UK:
a. to carry out workplace investigations and inspections b. to make recommendations to employers c. to be consulted over health and safety issues d. to organise remedies to minor infringements