When an appeal is filed with the U.S. Supreme Court, the Supreme Court
A) must hear the case if the validity of a federal statute is in question
B) must hear the case if two or more U.S. courts of appeals have decided the legal issue differently.
C) has discretion as to which cases it hears.
D) must hear all cases.
C
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If an economy is in a recession, with output below its full-employment level, a(n) ____ monetary policy can be used to return the economy to its long-run equilibrium, which would cause the price level to ____.
A. expansionary; increase B. expansionary; decline C. contractionary; decline D. contractionary; increase
Alejandro has a crew of five people. While his crew contains landscape architects, florists, and engineers, all collaborate to create beautiful landscapes. Alejandro manages ______.
A. freelancers B. a group C. a team D. job sharers
Bleeker Street Company produces and sells two lines of business suits, the Contemporary and the Traditionalist. The following monthly data are provided: Contemporary TraditionalistEstimated unit sales per month 500 1,000 Selling price$200 $175 Variable manufacturing costs 110 100 Variable selling and administrative costs 10 10 Budgeted net income is $45,000 per month. Required:1) Calculate the monthly break-even sales in units and dollars based on the budgeted sales mix.2) Calculate the firm's overall margin of safety in dollars.3) Compute the firm's profit assuming 1,500 units are sold in a 1:1 sales mix.4) Explain any difference between the firm's budgeted net income of $35,000 and your answer to Requirement 3.
What will be an ideal response?
Josh was sued by his former business partner. He lost the case and has to pay his former partner $10,000. He has not yet done so and is refusing to do so
Josh is applying for a mortgage for a new home. Should he be worried about the lawsuit impacting his mortgage application? A) No, this kind of information is not contained on one's credit report. B) Absolutely, this kind of information is contained on one's credit report.