Most individuals prefer _____ to _____ and they will want a _____ expected return if they purchase common stock shares than if they invest in a certificate of deposit
a. more risk; less risk; higher
b. less risk; more risk; higher
c. more risk; less risk; lower
d. less risk; more risk; lower
e. none of the above
B
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A change to a variable in a model that causes other variables to deviate from their long-run equilibrium values in the short run or in the long run is referred to as a
A. deviation. B. shock. C. standard deviation. D. disequilibrium catalyst.
Because Austria is located within central western Europe and in the Cold War joined the Western nations, it became a favored location for offices of international firms servicing eastern European operations.
Answer the following statement true (T) or false (F)
Which of the following costs incurred by a paper manufacturer would NOT be included in the group of costs referred to as conversion costs?
A) Factory supervisor's salary B) Machine operator's wages (direct labor) C) Raw lumber (direct materials) D) Factory maintenance personnel supplies
A supervisor of a retail outlet is facing an ethical dilemma. She uses the formal process of ethical decision making to resolve the issue. Her first step will be
A. proposing a convincing moral solution. B. evaluating the success of the solution. C. determining the legal requirements. D. defining the complete moral problem. E. understanding all the moral standards.