Suppose the expectations hypothesis is true. The interest rate on a bond maturing in one year is 2%, and the interest rate on a bond maturing in two years is 3%. The interest rate that investors expect next year on a one-year bond is ________.
A) 2%
B) 3%
C) 4%
D) 5%
C) 4%
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A ________ is the sales limit approached by company demand as company marketing effort increases relative to that of competitors
A) sales budget B) market demand C) company demand D) company sales potential E) market potential
Which of the following is a disadvantage of the ranking method of job evaluation?
A. It is difficult to explain to employees. B. It consumes more time than other job evaluation methods. C. It is initially more expensive than other job evaluation methods. D. It fails to tell employees what is important about their jobs.
In Dr. Miles Medical Co v. John D. Park & Sons, the Supreme Court said that when a producer sells to wholesalers and retailers, and requires them to resell the products at prices set by the producer, under the Sherman Act it was an:
a. illegal restraint of trade b. illegal under a rule of reason analysis because competition was injured c. legal under a rule of reason analysis because the medicines were patented d. legal under a rule of reason analysis because the policy kept prices lower for consumers e. none of the other choices
An error found during the ___________ phase is the most expensive to fix.
Fill in the blank(s) with the appropriate word(s).