If the expected inflation rate was 7 percent and the actual inflation rate was 3 percent, then
A. borrowers gained in real terms at the expense of lenders.
B. lenders gained in real terms at the expense of borrowers.
C. borrowers and lenders were not affected.
D. the government gained because it collected more in taxes.
Answer: B
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Title VII of the Civil Rights Act of 1964 prohibits employment discrimination based on race, color, religion, sex, or national origin. Which of the following federal government agencies is charged with enforcing this statute?
a. U.S. Department of Labor b. Merit Systems Protection Board c. Office of Personnel Management d. Equal Employment Opportunity Commission
U.S. Oil Company and Vehicle Fuel Corporation enter into a contract for the sale of refined oil. Either party's nonperformance may be excused, because of unforeseen circumstances, under the doctrine of commercial
A. good faith. B. impracticability. C. square dealing. D. unconscionability.
The results of an evaluation should be discussed with an employee soon after the evaluation is completed.
Answer the following statement true (T) or false (F)
Large firms are most likely to adjust for differences in the risk levels of investments taken on by different parts of the firm
A) by subjectively adjusting the company's WACC up or down. B) by estimating individual costs of capital for each individual project. C) by estimating individual costs of capital for each division or unit of the company. D) by identifying the specific sources of funding used by each division or unit.