You purchased an investment for $1,000 on which you earned $120 investment last year. The inflation rate during that time was 3%. What was your real rate of return?
A) 3%
B) 9%
C) 12%
D) 15%
E) None of the above
Answer: B
You might also like to view...
Which of the following best represents the disadvantages of conducting test markets as discussed by your authors?
A) cost, competitor intervention, and government regulations of test markets B) fallibility of results, cost, exposure of product/service to competition and ethical issues C) cost, delay in getting to the market first, competitive awareness of the product/service D) inability to test marketing mix variables E) disadvantages were not discussed in your book
Peter was just hired as an accounting assistant and wants to make a good impression in his new position. What should he do when listening to his supervisor?
A) Don't ask questions because doing so may make him look ignorant. B) Show his interest by leaning forward and striving for good eye contact. C) Feel free to answer the phone if he receives a call to show how busy he is. D) Rely on his memory for the details rather than take notes to show how sharp he is.
The direct approach is recommended for goodwill messages, even those conveying sympathy
Indicate whether the statement is true or false
A principal's intention to permit the agent to delegate granted authority may only be gathered from the express authorization of the principal
a. True b. False Indicate whether the statement is true or false