In a business cycle, the _____ is the transition period between contraction and expansion.

A. recession
B. recovery
C. disinflation
D. deflation


Answer: B

Business

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___________is when the messages that move from subordinate to superior are altered.

a. Misunderstanding b. Downward privilege c. Upward distortion d. none of the above

Business

Serial bonds come due in installments in periodic future dates

Indicate whether the statement is true or false

Business

Calculate answers to the following scenarios using present value tables: a. If $100 is deposited into an account paying 8 percent simple interest, what will be the value of the account in 5 years? b. If an accumulation of $8,000 is desired at the end of

4 years, what amount must be deposited now to accomplish that goal, assuming 12 percent interest compounded annually? c. What is the present value of $300 received at the end of each year for 4 years, assuming 9 percent interest compounded annually? d. What amount must be deposited at the bank today to grow to $10,000 in 5 years, assuming 14 percent interest compounded semiannually?

Business

Anita tells Bob that unless Bob pays her $5,000, she will tell his customers that he was once arrested for shoplifting as a teenager. The fact that Bob shoplifted as a teenager is true

a. In most jurisdictions Anita has committed the crime of extortion. b. Anita has committed the crime of defamation. c. Anita has committed the crime of bribery. d. In all jurisdictions in the United States, Anita would have to have received the money from Bob to be charged with a crime.

Business