Taxes that governments place on imported goods for reasons such as protecting sensitive industries, influencing humanitarian practices, and protecting against dumping are called ____________.
a. tariffs
b. penalties
c. restrictions
d. limits
a. tariffs
Taxes that governments place on imported goods for reasons such as protecting sensitive industries, influencing humanitarian practices, and protecting against dumping are called tariffs.
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The following table shows Jay's estimated annual benefits of holding different amounts of money.Average moneyholdings($)Total benefit($)1002020029300664004150044How much money will Jay hold if the nominal interest rate is 4 percent? (Assume he wants his money holdings to be in multiples of $100.)
A. $200 B. $300 C. $400 D. $100
Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon is
A) clearly inconsistent with the efficient markets hypothesis. B) consistent with the efficient markets hypothesis if the earnings were not as high as anticipated. C) consistent with the efficient markets hypothesis if the earnings were not as low as anticipated. D) consistent with the efficient markets hypothesis if the favorable earnings were expected.
In economics we assume that the goal of a firm is to
A) minimize costs. B) maximize revenue. C) maximize economic profits. D) maximize total sales.
With the financial revolution in the late twentieth century and the resultant increase in the importance and complexity of risk management, it became essential for divisionalized firms to decentralize risk assessment
Indicate whether the statement is true or false