Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, currencies that are predominantly market-driven are considered to be:

A) soft pegs.
B) hard pegs.
C) floating arrangements.
D) a residual agreement.


Answer: C

Business

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Which of the following is most likely to be considered an action team?   

A. A group of scientists working on a new cancer drug. B. All workers on the night shift of a plastics manufacturing facility. C. An advisory council on teacher development for a school district. D. An airline cockpit crew. E. An information-technology improvement task force.

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In 2020, the Allen Company had consulting revenues of $1,000,000, while operating costs were $750,000. In 2021, Allen will be introducing a new service that will generate $150,000 in sales revenues and $60,000 in operating costs. Assuming no changes are expected for the other services, the differential operating costs for 2021 will be:

A. $250,000. B. $90,000. C. $150,000. D. $60,000.

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Advantages of depth interviews over traditional focus groups include all of the following EXCEPT:

A) richer discussion of sensitive topics. B) deeper insights about underlying motives. C) less social pressure to conform. D) scheduling of respondents. E) cost per respondent.

Business

Common-size statements are statements of companies of similar size and operations

Indicate whether the statement is true or false

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