Which of the following is a consumption asset?
A. The S&P 500 index
B. The Canadian dollar
C. Copper
D. IBM stock
C
A, B, and D are investment assets (held by at least some investors purely for investment purposes). C is a consumption asset.
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Manuel has a good sense of who he is and is confident that what he does and how he responds to situations will help him achieve his goals. Manuel has ______.
A. external locus of control B. need for affiliation C. internal locus of control D. authoritarian disposition
For real wages to increase, which of the following must be true?
A. An employee's wage increase must be greater than the increase in the consumer price index (CPI). B. An employee must receive a lump-sum wage increase equal to the increase in the consumer price index (CPI). C. An employee's wage must simply increase without the influence of consumer price index (CPI). D. The consumer price index (CPI) must increase at least as much as the employee's wage.
Sam is an employee of Binky, Inc While delivering a truckload of binkies to a local retailer, Sam decided to stop at his bank to deposit his paycheck. The bank is three blocks from the retailer and it takes approximately 15 minutes to deposit a check
While Sam is in the bank, the truck rolled down the street because Sam negligently forgot to set the parking brake. The truck crashed through the window of Market, killing two people and causing $500,000 in damage. Discuss the issues involved in determining whether Binky, Inc is liable for the damages at issue. If Binky, Inc is liable, can it recover against Sam for the damages?
BarLey Inc. recently borrowed $125,000 from its bank at a simple interest rate of 12 percent. The loan is for one year and, according to the loan agreement, the interest should be added to the amount borrowed and the total amount to be repaid in monthly installments. The loan's monthly payments are:?
A. ?$11,667. B. ?$12,222. C. ?$11,111. D. ?$11,997. E. ?$12,677.