In economic conditions characterized by a scarcity of short-term funds, a firm would best choose the ________ financing strategy.
A) aggressive
B) conservative
C) permanent
D) seasonal
B) conservative
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Which of the following below is an example of a capital expenditure?
a. replacing an engine in a company car b. cleaning the carpet in the front room c. replacing all burned-out light bulbs in the factory d. tune-up for a company truck
International economists use the production possibilities frontier to help explain
a. a favorable trade balance. b. a trade surplus. c. levels of consumption. d. a nation’s gain from trade.
Explain why nonverbal behavior seems to carry more “value” in a message than verbal communication.
What will be an ideal response?
In an insurance contract, the payment of consideration is called a(n) ________.
A. valued policy B. issue C. premium D. negotiable instrument