CEO is an abbreviation for
a. corporate executive organization
b. category of endless output
c. chief executive officer
d. common efficient output
e. corporate extra operation
C
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If Bob is taxed for each soda he buys, he faces a direct tax.
Answer the following statement true (T) or false (F)
The term "surplus" refers to a:
A. situation in which the quantity supplied is less than the quantity demanded. B. situation in which the quantity demanded is less than the quantity supplied. C. market that sells secondary goods. D. signal that producers need to increase the price of the good.
Which of the following is not considered part of M2?
A. small time deposits of less than $100,000 B. money market mutual fund shares C. savings deposits D. large time deposits of more than $100,000
The value today of a specific sum of money to be received in the future is referred to as:
A. the future value of that sum of money. B. the present value of that sum of money. C. compound interest. D. the time-value of money.