When a central bank is not independent, the main economic variable that is affected is
A. unemployment.
B. output growth.
C. inflation.
D. consumption spending.
Answer: C
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Indicate whether the statement is true or false
Variable costing allows a manager to classify controllable costs as
a. either variable or fixed. b. variable only. c. fixed only. d. either short-term variable or long-term variable.
When managers are considering the optimal product mix, they are most concerned with
A) maximizing revenue. B) minimizing cost. C) maximizing profit. D) minimizing selling and administrative expense. E) balancing productive capacity.
Spoken communication is easier to process than written communication
Indicate whether the statement is true or false