Most (75%) of the financial transactions are through the use of
A. electronic fund transfers.
B. credit cards.
C. checks.
D. cash.
A. electronic fund transfers.
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A source of business risk is a change in
A) technology. B) consumer preferences. C) input prices. D) All of the above
When you calculate your true costs of going to college, what portion of your room-and-board expenses should be included?
a. Your full room-and-board expenses should always be included. b. None of your room-and-board expenses should ever be included. c. You should include only the amount by which your room-and-board expenses exceed the income you earn while attending college. d. You should include only the amount by which your room-and-board expenses exceed the expenses for rent and food if you were not in college.
The fiscal year for the federal government begins on
A. January 1. B. The first Monday in January. C. October 1. D. November 1.
The Principle of Increasing Opportunity Costs states that:
A. opportunity costs increase when too little is produced. B. when increasing production, resources with the lowest opportunity costs should be used first. C. when increasing production, resources with the lowest opportunity costs should be used last. D. productive people do the hardest tasks first.