In the United States, GDP declined in both 2008 and 2009. Because of this fact, the U.S. economy was considered to be in a ________.
Fill in the blank(s) with the appropriate word(s).
recession
A recession occurs when gross domestic product (GDP) declines for two or more consecutive quarters.
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Which of the following is not an essential element of the format for conducting a performance-related discussion?
a. Ask the employee his/her view of the issue b. Tell the employee that they have a bad attitude c. Give your opinions about the employee's attitude d. Tell the employee what they need to accomplish or change
Stock A's beta is 1.5 and Stock B's beta is 0.5. Which of the following statements must be true, assuming the CAPM is correct.
A. Stock A would be a more desirable addition to a portfolio then Stock B. B. In equilibrium, the expected return on Stock B will be greater than that on Stock A. C. When held in isolation, Stock A has more risk than Stock B. D. Stock B would be a more desirable addition to a portfolio than A. E. In equilibrium, the expected return on Stock A will be greater than that on B.
Term life insurance has significantly increased in popularity. Why?
A) Lower rates and greater tax deductions offered to the wealthy B) Lower rates and tax credit incentives offered to the poor C) Stable rates with increased benefits for everyone D) Lower rates and availability of tax-advantaged savings plans
When is it possible to have removal of a condominium owner?
A) For non-payment of association fees' B) For alterations without board approval C) For creation of a nuisance or public health reasons D) None of the above because there is an ownership interest