Rail is the dominant mode of freight transportation in the United States and accounts for over 75 percent of the nation's freight bill

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Suppose the economy is thought to be 1 percent below its potential output (i.e., the output gap is ?1 percent). The potential output is growing at 4% a year. Suppose the Fed is following the Taylor rule, with an inflation rate of 4 percent over the past year. The equilibrium real fed funds rate is 3 percent, the weight on the output gap is 0.75 and the weigh on the inflation gap is 0.25. The inflation target is 1 percent. What should the federal funds rate be?

A. 7 percent B. 8 percent C. 9 percent D. 10 percent

Business

Describe what customers, competitors, and people the organization attracts to work there have to do with deciding the goals of organization change?

What will be an ideal response?

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The taxpayer's spouse died at the beginning of 2018. He has no qualifying child. Which status should the taxpayer select when filing his tax return?

A. Married Filing Jointly. B. Married Filing Separately. C. Qualifying Widow(er). D. Single.

Business

_____ is the extent to which less influential members within a country expect and accept that power is distributed unequally.

A. Power distance B. Power individualism C. Power collectivism D. Power communication

Business