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What is generally the effect when an exception to the employment at will doctrine applies 1) Which of the following people is protected from employment discrimination on the basis of age? A. A 50-year-old person who wants a job as an accountant B. A 10-year-old person who wants a job as a bartender C. A 90-year-old person who wants a job as an airline pilot D. A 30-year-old person who wants a job as a waitress 2) What is the prim ...

Other / Other 30 Apr 2016

The proper formula for interest rate parity is given by 1. The proper formula for interest rate parity is given by _______. a. (1 + rf(UK))/(1 + rf(US)) = F1/E0 b. (1 + rf(US))/(1 + rf(UK)) = E0/F1 c. (1 + rf(US))/(1 + rf(UK)) = F0/E0 d. (1 + rf(US))/(1 + rf(UK)) = F0/E1 2. Investor portfolios are notoriously over weighted in home country stocks. This is commonly called ________. a. local fat b. patr ...

Other / Other 30 Apr 2016

Those goods having a calculated income elasticity that is negative 1. Those goods having a calculated income elasticity that is negative are called: 2. Which of the following would tend to make demand INELASTIC? 3. When using a multiplicative power function (Y = a X1b1 X2b2 X3b3) to represent an economic relationship, estimates of the parameters (a, and the b's) using linear regression analysis can be obtained by first applying a ____ tra ...

Other / Other 30 Apr 2016

The purchasing power parity hypothesis 1. An example of a time series data set is one for which the: Answer A. data would be collected for a given firm for several consecutive periods (e.g., months). B. data would be collected for several different firms at a single point in time. C. regression analysis comes from data randomly taken from different points in time. D. data is created from a random number generation program 2. Smoo ...

Other / Other 30 Apr 2016

According to the Uniform Commercial Code, must Jean give the motorcycle back 1) A retailer ordered some inventory by phone from a manufacturer. The order was for 1,000 machines from the manufacturer’s inventory at $300 each. The manufacturer sent the retailer a fax a few moments later detailing the order. The retailer looked at the fax and was satisfied that it stated the terms of the contract, but never responded in any way. When ...

Other / Other 30 Apr 2016

What method of inventory valuation should be used for economic decision-making problems 1. In a production process, an excessive amount of the variable input relative to the fixed input is being used to produce the desired output. This statement is true for: 2. The marginal product is defined as: 3. The marginal rate of technical substitution may be defined as all of the following except: 4. For a short-run cost function which of the f ...

Other / Other 30 Apr 2016

Economies of Scope refers to situations where per unit costs 1. The combinations of inputs costing a constant C dollars is called: Answer A. an isocost line B. an isoquant curve C. the MRTS D. an isorevenue line 2. ____ are defined as costs which are incurred regardless of the alternative action chosen in a decision-making problem. Answer A. Opportunity costs B. Marginal costs C. Relevant costs D. Sunk costs 3. According to th ...

Other / Other 30 Apr 2016

The constant or intercept term in a statistical demand study represents Question 1 Iron ore is an example of a: a. durable good b. producers' good c. nondurable good d. consumer good Question 2 Those goods having a calculated income elasticity that is negative are called: a. producers' goods b. durable goods c. inferior goods d. nondurable goods Question 3 The standard deviation of the error terms in an estimated regression e ...

Other / Other 30 Apr 2016

Which of the following is correct with regard to the relationship between law and ethics 1) Which of the following is correct with regard to the relationship between law and ethics? A. Lawful conduct is always ethical conduct B. The law may not permit something that would be ethically wrong. C. Although much of law is based on ethical standards, not all ethical standards have been enacted as law. D. The rule of law and the golden ...

Other / Other 30 Apr 2016

An underpriced stock provides an expected return which is 1. An underpriced stock provides an expected return which is ________ the required return based on the capital asset pricing model (CAPM). a. less than b. equal to c. greater than d. greater than or equal to 2. The constant growth dividend discount model (DDM) can be used only when the _________. a. growth rate is less than or equal to the ...

Other / Other 30 Apr 2016