Which of the following is NOT true about warehouse clubs?
A) They are not full-service stores.
B) They often charge their customers with a modest annual membership fee.
C) They carry items in bulk.
D) They carry a more limited selection of merchandise than that offered by most grocery stores.
E) Groceries account for the smallest portion of sales revenue.
E
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According to a 2016 report from the Economic Policy Institute, CEOs from the 350 companies studied made ______.
A. salaries in proportion to their employees’ salaries B. salaries over 250 times more than the average employee C. salaries over 1000 times more than the average employee D. often less than their employees as a way to give back to society
In computing the maturity date of a note, the date the note is issued is included but the due date is omitted
Indicate whether the statement is true or false
Everything else equal, which of the following actions would tend to increase interest rates in the financial markets?
A. Investors' time preferences for consumption increase. B. Investors are exposed to fewer economic risks. C. Production opportunities decrease throughout the economy. D. The overall creditworthiness of borrowers improves significantly. E. The default probabilities of corporations decline substantially.
Bonds with the lowest risk of default are often referred to as junk bonds
Indicate whether the statement is true or false