If interest rates are positive, then discounting increases the future value of an investment while compounding reduces the present value of an investment
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Discounting DECREASES the PRESENT value of an investment while compounding INCREASES the FUTURE value of an investment.
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Identify the arguments that have not been used to support or refute the ethical legitimacy of preferential hiring policies.
A. Such policies should be rejected because they may create more discrimination as a backlash against gender or racial preferences. B. Preferential hiring is a means of providing more role models for young women and people of color. C. These policies violate the rights of white males. D. These policies are obligatory means for compensating people for harms they have suffered. E. All of the answers are correct. F. None of the answers are correct.
The ________ of a service means that it cannot be perceived through the five senses before it is produced and consumed
A) utility B) warranty C) tangibility D) intangibility E) variability
Approximately ________ % of the United States labor force is involved in providing services.
A. 50 B. 60 C. 70 D. 80
Jack signs an instrument that states it is being executed "as per a contract for the sale of three magic beans dated June 1." This instrument is
A. negotiable. B. nonnegotiable, because banks cannot easily process commodities. C. nonnegotiable, because it includes the specific date of a contract. D. nonnegotiable, because it refers to an express contract.