What does the historical record of interest rates and inflation in the United States look like?
What will be an ideal response?
Answer: Before the 1960s, inflation rates were very low (almost zero), and interest rates averaged about 4 to 5%. Starting in the 1960s, however, both inflation and interest rates began to rise and rose to a peak in the period from 1981-1982. They then eventually fell back to their normal range in the 1990s. In the first part of the 21st century, rates have again been lower than the long-run average.
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On the basis of underlying psychology, when people are in settings where there are very clear expectations for the “right” way to behave, it is very difficult not to comply. For those who do not behave as expected, in most cases, they will ______.
a. be counseled and given help to comply b. be psychologically and/or physically excluded from the organization c. not be given a raise at the time of their annual review d. be promised a bonus if they comply in the future
Which of the following manufacturing industries would be most likely to employ a job order cost system of cost accounting?
a. Latex Paint b. Pharmaceutical c. Aircraft d. Cement
The extreme use of color, complicated symbols and art techniques, and unusual combinations of typefaces, should be avoided because they can distract and bury relevant data
Indicate whether the statement is true or false
When a large firm has several different kinds of products, product managers or brand managers may be put in charge of each one.
Answer the following statement true (T) or false (F)