When the bond prices rise, interest rates fall.
Answer the following statement true (T) or false (F)
True
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Product Director: We need to pick the best manager for the Prensabi software project. The project involves the latest technology and is very complicated. For example, this project uses a technology called Stage, which is a motion-capture technique that does not require actors to wear specialized gear to record their movements. Since this is a technical project that requires strong technical skills, we should pick the manager with the strongest technical skills. Executive: The manager needs some familiarity with the technology, but he or she won't actually be writing the software code. The bigger challenge here is to analyze the goals of the project and make sure that it is being developed according to a strong overall vision.
a. That's why we should insist that the manager has outstanding conceptual skills. Which of the following, if true, weakens the product director's argument? b. The project manager with the weakest technical skills also has the weakest human skills c. The Prensabi project is so large that the project manager for the Prensab project will be unable to take on any other projects until the Prensabi project is inished. d. The requirements of the Prensabi project are highly unusual. e. The project manager with the strongest technical skills has no experience with The project manager with the strongest conceptual skills has the weakest technical skills.
Smart phones are becoming less expensive as new technology reduces the cost of production. In a supply and demand model, explain the effects of the technological innovations and their effect on the quantity of smart phones
What will be an ideal response?
The number by which a change in the monetary base is multiplied to find the resulting change in the quantity of money is called the
A) desired reserve ratio. B) money multiplier. C) currency multiplier. D) currency drain. E) open market operation.
Assume that you are the new CEO of a major corporation that has five major product lines each run as separate corporations
You discover that if you invested the company's money outside of the firm that it could earn a 15% rate of return on the investment. You tell all the presidents of each of these subsidiary companies that in order for them to remain with the company that their return on capital must equal to or exceed 15% rate of return. Use two economic principles discussed in chapter 1 to explain why the CEO's advice is sound.