A rise in the price of imports or a fall in the price of exports will
a. improve the terms of trade.
b. worsen the terms of trade.
c. expand the production possibilities frontier.
d. contract the production possibilities frontier.
b. worsen the terms of trade.
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Which of the following is NOT an element of a fraudulent transfer that is made for less than a reasonably equivalent value?
a. The debtor knew the debts could not be repaid at maturity b. The debtor becomes insolvent as a result of the transfer c. The debtor misstates the value of the transfer on the books d. The debtor's capital remaining after the transfer is unreasonably small
Permanent accounts are:
a. Assets, Liabilities and Stockholders' Equity. b. Revenues, Gains, Expenses, Losses and Dividends. c. closed to retained earnings at the year-end. d. not represented by the accounting equation.
The length of time needed for a long-term project to recapture its initial investment amount is called the:
A) discount period. B) internal rate of return. C) present value. D) payback period.
The creation of a limited partnership is formal and requires public disclosure
Indicate whether the statement is true or false