For the most recent quarter, prices increased at the following monthly rates: April 33.7 percent; May 32.9 percent; June 31.8 percent. Which term best describes this situation?
A) deflation
B) inflation
C) disinflation
D) contraction
E) hyperinflation
Answer: C
Explanation: C) This month-to-month decline in the rate of inflation is called disinflation.
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One of the criticisms of the master budget is that the traditional master budget is department oriented and does not recognize interdependencies among departments
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. No matter what value it has, each objective function line is parallel to every other objective function line in a problem. 2. Constraints limit the degree to which the objective in a linear programming problem is satisfied. 3. Alternative optimal solutions occur when there is no feasible solution to the problem. 4. Because surplus variables represent the amount by which the solution exceeds a minimum target, they are given positive coefficients in the objective function. 5. A redundant constraint cannot be removed from the problem without affecting the feasible region.
To find the interest per period, simply divide the interest rate by the number of compounding periods, if it is quarterly, divide by what?
A) 1 B) 4 C) 2 D) 12 E) 52
The difference between customer expectations and customer perceptions of what was actually received during the service encounter is referred to as service quality ________.
A. Blips B. Bloops C. Breakeven point D. Gaps