id string | problem string | answer string | answer_type string | category string | difficulty string | eval_score int64 | similar_problems list |
|---|---|---|---|---|---|---|---|
null | Newburg Company purchased 15,000 shares of its $10 par value common stock for $150,000. Later, Newburg sold the shares for $175,000. Under the cost method, the entry to record the sale would include:
A. A debit to Paid-In Capital from Treasury Stock for $25,000.
B. A credit to Gain on Sale of Stock for $25,000.
C. A... | None | null | null | null | null | null |
null | Consider a population with a mean of 100 and variance of 900. If a random sample of size n = 30 is obtained, what is the probability that the mean is greater than 103? | None | null | null | null | null | null |
null | Using this regression equation to predict the salary of 10 years of experience gives the following results. Which of the following statements is true?
Fit SE Fit 95% CI 95% PI
52.05 1.81 (48.01, 56.08) (38.96, 65.13)
A. We are 95% confident that a particular pharmacist who has 10 years of experience earns betw... | E | null | null | null | null | null |
null | A company has $4,650 in its bank account on which it earns 8% interest. How much more money would they have to invest to earn an effective annual return of 10%? What if the interest rate is 6%?
a) $1,935 at 8%, $2,343 at 6%
b) $1,371 at 8%, $3,697 at 6%
c) $1,935 at 8%, $3,697 at 6%
d) $1,371 at 8%, $2,343 at 6% | None | null | null | null | null | null |
null | Which of the following is a significant difference between the operating income computed using the absorption method and that computed using the contribution approach?
A) The absorption method generally yields a higher operating income.
B) The absorption method defers some fixed manufacturing overhead cost in invento... | None | null | null | null | null | null |
null | It is generally accepted accounting practice that a previously written-off account receivable should be:
a. Debited for the full amount collected and credited for the amount written off.
b. Credited for the full amount collected and debited for the amount written off.
c. Debited to Bad Debts Expense for the amount c... | None | null | null | null | null | null |
null | Suppose the Fed purchases government bonds through open-market operations. All other things remaining equal, this is likely to
a. increase the price level and eventually decrease the interest rate and investment spending
b. increase the price level and eventually decrease the demand for money as well as goods and ser... | None | null | null | null | null | null |
null | Evaluate the integral {eq}\oint F\cdot dr{/eq} along the closed curve {eq}C{/eq}, where the field {eq}F{/eq} is given by {eq}F=\langle P,Q\rangle=\langle x+y,x-y\rangle{/eq} and the curve {eq}C{/eq} is parameterized by {eq}r(t)=\langle\cos t,\sin t\rangle{/eq} with {eq}t\in[0,2\pi]{/eq}. | None | null | null | null | null | null |
null | Suppose you know that a company's stock currently sells for $65.30 per share and the required return on the stock is 9 percent. You also know that the total return on the stock is evenly divided between capital gains yield and dividend yield.
If it is the company's policy to always maintain a constant growth rate in i... | $2.81 | null | null | null | null | null |
null | Sperazza Inc. has a debt-equity ratio of 2.57. The firm's required return on assets is 13.7% and its cost of equity is 16.2%. What is the pre-tax cost of debt? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) | None | null | null | null | null | null |
null | A profit-maximizing (or loss-minimizing) firm in a competitive industry
a. will always make only normal profit.
b. may incur an economic loss.
c. will never incur an economic loss.
d. will always maximize its revenue.
e. none of the above | None | null | null | null | null | null |
null | A monkey has learned through classical conditioning that if a buzzer sounds it's feeding time. When the buzzer sounds, the monkey runs rapidly to where the bananas will be placed in the cage. If a bell is now paired with the buzzer, what will happen?
a. the monkey will learn to associate the bell with food rapidly a... | None | null | null | null | null | null |
null | What is the inflation differential (in %) between the United States and the United Kingdom according to the IFE if the current exchange rate is $1.90/euro, one-year forward is $1.89/euro, and the expected one-year inflation rate is 4% in the United States? | None | null | null | null | null | null |
null | Let $T=I+A+A^2+\cdots+A^{n-1}$, where $A$ is an $n\times n$ matrix. Which of the following statements is true?
a. $\text{rank}(T)=n$
b. $\text{rank}(T)=\text{rank}(A)$
c. $\text{rank}(T)+\text{rank}(A)<n$ (if $n>1$)
d. $\text{rank}(T)+\text{rank}(A)\geq n$ | None | null | null | null | null | null |
null | AT&T 10-year, $1,000 par value bond is selling at $1,158.91. Interest on this bond is paid semiannually. If the annual yield to maturity is 14%, what is the annual coupon rate of the AT&T bond? | 17% | null | null | null | null | null |
null | A company has an EBIT of $50,000, interest expenses of $15,000, and preferred dividends of $8,000. The company has 10,000 shares of common stock outstanding, and the current book value per share is $15. The company's tax rate is 20%. Use the DCF approach to determine the cost of equity capital for this company.
a. 12.... | None | null | null | null | null | null |
null | Suppose a monopolist faces the following demand curve:
Price
Quantity
$51
1
$47
2
$42
3
$36
4
$29
5
$21
6
If the monopolist's marginal cost of production is constant at $26, what is the monopolist'... | None | null | null | null | null | null |
null | The cross-sectional area of a large wetlands area is modeled by the function {eq}\displaystyle f(x)=\dfrac{3,600x}{x^2 + 9}
{/eq} where the area of the wetlands is {eq}\displaystyle f(x)
{/eq} hectares and the depth of the water in the wetlands is {eq}\displaystyle x
{/eq} meters. The government plans to drain the w... | None | null | null | null | null | null |
null | Reagan Construction Company needs to borrow $1,000,000 for the next 10 years. The company desires a sinking fund that will allow the company to withdraw $100,000 per year from the fund to meet its obligation. The fund pays 5% interest compounded annually. What amount must the company deposit annually to accumulate $1,0... | None | null | null | null | null | null |
null | If $X_1, X_2, . . .$ are independent and uniformly distributed over (0,1), and $N$ is the smallest integer such that $X_N > X_1$, show that $E(N) = e$ using the hint that $E(N) = \sum_{n=1}^{\infty} P(N>n)$. | None | null | null | null | null | null |
null | On a partner's personal statement of financial condition, assets and liabilities are presented:
I. As current and noncurrent.
II. In order of liquidity and maturity.
a. Neither I nor II.
b. II only.
c. Both I and II.
d. I only. | c | null | null | null | null | null |
null | I'm solving a problem and got to the point $2x = 1$ or $2x = e$. If $2x = 1$, then $x = \frac{1}{2}$, but what happens if $2x = e$? Do I just get $x = \frac{e}{2}$ or is there more to it? | None | null | null | null | null | null |
null | Evaluate {eq}\int_{C} F \cdot dr {/eq}, where {eq}F(x,y)=\left \langle e^{-x}\sin y,-e^{-x}\cos y \right \rangle {/eq}, and C is the quarter circle from (0,3) to (-3,0). | None | null | null | null | null | null |
null | Assume that there is an oligopoly consisting of firms of different sizes. If a small firm increases output by 25 percent, the price effect realized by the small firm will be _____. If a large firm increases output by 25 percent, the price effect realized by the large firm will be _____.
a. nonexistent; negligible,
b.... | None | null | null | null | null | null |
null | For each department, it is usually assumed that the company has one or more units other than the service department that:
a) use the service department's capacity.
b) can be charged for the services of the service department.
c) consume the service of the service department.
d) can be charged for the services of th... | None | null | null | null | null | null |
null | Company A manufactures two products. This year, 2,000 units of Product B were produced and sold. The contribution margin per unit is $50. Product B has a $1,000 (total) negative impact on the revenues of Company A's other products. The amount of controllable fixed overhead for Product B was $4,500. The fixed overhead a... | None | null | null | null | null | null |
null | Consider the vector $\mathbf{\vec{v}}=\frac{1}{r^{2}}\mathbf{\hat{r}}$. For the divergence of $\mathbf{\vec{v}}$ in Spherical coordinates: $\bigtriangledown \cdot \mathbf{\vec{v}}=\frac{1}{r^{2}}\frac{\partial }{\partial r}\left ( r^{2}v_{r} \right )$ where $v_{r}=\frac{1}{r^{2}}$, is my calculation of the derivative o... | 0 | null | null | null | null | null |
null | Suppose the marginal profit function of producing bags of hot Cheetos is MR = .4x + 2.50. Find the total revenue of producing 300 bags of Cheetos. | None | null | null | null | null | null |
null | Which of the following is not a trial and error problem for financial accounting?
a. the fair value of an asset or a liability.
b. depreciation expense.
c. the cost of a patent.
d. the volume of units of inventory that minimizes the total cost of inventory. | None | null | null | null | null | null |
null | Last year, Buyer's Overstock had an ending inventory valued at $100,000 and a beginning inventory valued at $105,000. Its net income was $400,000 and its net cash flow was $345,000.
What is its cash flow margin? | None | null | null | null | null | null |
null | Which of the following best describes a hedge of a forecasted transaction using a futures contract?
a) a static hedge.
b) a dynamic hedge.
c) an option hedge.
d) a cash balance hedge. | None | null | null | null | null | null |
null | What is the correct sequence of events under a job-order costing system?
a. Calculate the predetermined overhead rate - assign overhead to jobs - write off the no charged overhead to cost of goods sold - calculate the under/over applied overhead.
b. Calculate the predetermined overhead rate - assign overhead to jobs ... | None | null | null | null | null | null |
null | What is the probability that 5 or fewer passengers arrive in a 30-second period, given that airline passengers arrive randomly and independently at a rate of 20 passengers per minute? | 0.0671 | null | null | null | null | null |
null | One way of making many traditional projects appear acceptable is to:
a. set the cost of capital to a very low level.
b. not adjust cash flows for risk.
c. estimate cash flows conservatively.
d. estimate cost of capital conservatively.
e. reduce the number of projects that must be evaluated. | None | null | null | null | null | null |
null | Johnson Company provided the following information:
Beginning balance of Supplies $48,000
Ending balance of Supplies 40,000
Beginning balance of Prepaid Insurance $168,000
Ending balance of Prepaid Insurance 176,000
Beginning balance of Accumulated Depreciation - Equipment 486,000
Ending balance of Accumulated Deprec... | None | null | null | null | null | null |
null | Suppose that $X$ and $Y$ are conditionally i.i.d. given $\mathcal{G}$ (for example, $X=\pm Y$ with probability $1/2$ each). I am trying to calculate $\rho(X,Y)$. I have that $$\rho(X,Y)=\frac{\mathbb{E}[(X-\mathbb{E}[X])(Y-\mathbb{E}[Y])]}{\sqrt{\mathbb{E}[(X-\mathbb{E}[X])^2]\mathbb{E}[(Y-\mathbb{E}[Y])^2]}}.$$ Can I ... | None | null | null | null | null | null |
null | What is the probability that the average price for 36 gas stations is over $2.69, given that the cost of unleaded gasoline in the summer months is normally distributed with a mean of $2.50 and a standard deviation of $0.10? | None | null | null | null | null | null |
null | You purchased a rare baseball card for $45,000 in 1993. As a result of inflation, this card would be worth $67,500 in today's dollars. You sold the card recently for $75,000. What is your percent return on this investment?
a. 33.33%
b. 100%
c. 240%
d. 140% | None | null | null | null | null | null |
null | For the current year ($ in millions), Centipede Corp. had $80 in pretax accounting income. This included a warranty expense of $8 and $14 in depreciation expense. $1 million in warranty costs were incurred, and MACRS depreciation amounted to $37. In the absence of other temporary or permanent differences, what was Cent... | D | null | null | null | null | null |
null | Which of the following is responsible for partial specialization existing?
a. Increasing costs can force the cost basis of two trading nations to converge
b. Labor union contracts can make a firm responsible for employee benefits long after a plant is shut down
c. Some products cannot be traded internationally
d. A... | None | null | null | null | null | null |
null | An investment project has annual cash inflows of $9,000, $7,500, $6,900, and $6,300, and a discount rate of 9 percent. If the initial cost is $24,900, what is the discounted payback period for these cash flows in years? | None | null | null | null | null | null |
null | Show a series of journal entries that could be used to record the issuance of direct materials, the completion of jobs, and the sale of finished goods, assuming the company uses a job-order costing system.
Job 97 was completed on July 18 at a cost of $40,000. It was not sold before the end of the fiscal year on Decemb... | None | null | null | null | null | null |
null | Assume that there has been an increase in investment. In the long run, real GDP will _____.
A. increase, but only if there was also an increase in government spending
B. increase, but only if there was also an increase in private saving
C. increase further, regardless of what happened to government spending and priv... | None | null | null | null | null | null |
null | In the year 2016, total national output is $4000 billion, and total net factor income from abroad is $50 billion. In 2017, total national output increases to $4100 billion, and total net factor income from abroad increases to $55 billion.
Calculate the change in net national product from 2016 to 2017. | None | null | null | null | null | null |
null | Profit maximization:
a) Is not the only goal a business may pursue,
b) Cannot be achieved by a business concerned with protecting its workers and the environment,
c) Is likely not to be an objective of executives who do not own stock in the corporations they manage,
d) All of the above. | d | null | null | null | null | null |
null | Suppose that the one-year interest rate is 4.0 percent in the Italy, the spot exchange rate is $1.60/euro, and the one-year forward exchange rate is $1.58/euro. What must one-year interest rate be in the United States? | None | null | null | null | null | null |
null | Countercyclical monetary policy in the AS/AD Model involves:
A. contractionary monetary policy no matter what the level of unemployment.
B. expansionary monetary policy no matter what the level of unemployment.
C. contractionary monetary policy during periods of high unemployment and expansionary monetary policy dur... | None | null | null | null | null | null |
null | Find the area of the surface. The part of the plane 2x+5y+z=10 that lies in the first octant. | None | null | null | null | null | null |
null | Use the DuPont Identity to re-create the following table, showing ROE and other components for each company:
Company
ROE
Equity multiplier
Profit margin
Total asset turnover
The only one that didn't get a number
1.50
15%
2.40
Company two
18%
... | None | null | null | null | null | null |
null | Find the most general particular solution {eq}x_p(t){/eq} of the differential equation
{eq}x''(t) + 25x(t) = 3 \sin(5t) + 5 \cos(5t){/eq}.
(Use A and B to denote arbitrary constants in your particular solution. Use the cosine function, not the sine function, in your answer.) | None | null | null | null | null | null |
null | According to the text, why did Carr develop and propose the adaptive act?
(a) To counter the structuralists single-minded obsession against mentalism.
(b) To counter the behaviourist's single-minded obsession against mentalism.
(c) To maintain introspection as the foremost research method of psychology.
(d) To main... | b | null | null | null | null | null |
null | I was given the following problem:
$\lim_{n \to \infty} \frac{1}{\sqrt n} (1+\frac{1}{2}+\frac{1}{3}+...+\frac{1}{n^2})$
After using a squeeze theorem, I got the following:
$\lim_{n \to \infty} \frac{1}{\sqrt n} (\frac{n}{2} + \frac{1}{2} + \frac{1}{3}+...+\frac{1}{n^2}) = \lim_{n \to \infty} \frac{1}{\sqrt n} (\fra... | None | null | null | null | null | null |
null | Arms that are longer than legs, and a short stable lumbar spine are traits associated with:
a. vertical clinging and leaping.
b. arboreal quadrupedalism.
c. brachiation.
d. full-time bipedalism. | None | null | null | null | null | null |
null | The following information is provided for Winters Corporation and Paine Corporation:
Winters Corporation Paine Corporation
Net Income $600 $4,600
Net Sales 6,700 55,300
Total assets,12/31/14 8,000 30,000
Total assets,12/31/15 9,100 39,000
Total assets,12/31/16 9,700 45,500
What is Paine's return on assets ratio for 2... | None | null | null | null | null | null |
null | A sample of 300 observations has a mean of 250 and a standard deviation of 20. Find the z-score associated with the observation of 229. | None | null | null | null | null | null |
null | Which of the following forecasting method(s) can generate trend forecasts?
I - Delphi Method
II - Moving Averages
III - Regression
IV - Naive Method
V - Sales Force Opinion
Select one:
a. only IV
b. only V
c. III and IV
d. I, III, and V
e. only III
f. II, III, and IV | None | null | null | null | null | null |
null | I know the limit is $\sqrt 3$. And I tried proving that the sequence is decreasing from $a(2)$, yet when I got to this point, I have been stuck: $a(n+1) - a(n) = (3 - a(n)^2) / 2a(n)$ ? | \sqrt{3} | null | null | null | null | null |
null | The Canada Trust sells annuities, which are an arrangement for a regular stream of payments over a number of years. They have a special promotion for new customers, offering two annuities.
The first one pays $20,000 a year for 30 years.
The second one will not pay you for the first four years, but then pay you $42,00... | None | null | null | null | null | null |
null | At the Nash equilibrium
a. each player is making the maximum profit that can be made given the other player's choice.
b. both players have a strong incentive to deviate from the Nash equilibrium.
c. at least one player has an incentive to deviate from the Nash equilibrium.
d. no player has an incentive to deviate f... | None | null | null | null | null | null |
null | GQ & Sons currently outsources an electrical switch that is a component in one of its products. The switches cost $28 each. The company is considering making the switches internally at the following projected annual production costs:
Unit level Material cost $6
Unit level Labor cost $8
Unit level Overhead $2
Batch le... | None | null | null | null | null | null |
null | The dollar value of a firm's stock.
a. Equity multiplier
b. Earnings multiple
c. Price/earnings ratio
d. Book value multiplier | None | null | null | null | null | null |
null | In predicting the expected future return of the market, one of the dangers is that:
A. the past is not indicative of the future.
B. the past period measured is too short to get a reasonable estimate of the future.
C. the equity premium does not include the premium on debt.
D. the past is not indicative of the futur... | None | null | null | null | null | null |
null | Which of the following options is correct?
As an economy moves up along its long-run Phillips Curve, actual inflation:
A. Rises and expected inflation remains constantB. Rises and expected inflation risesC. Remains constant and expected inflation risesD. Remains constant and expected inflation decreases | B | null | null | null | null | null |
null | Which of the following actions taken by a partnership will generally cause a tax basis decrease in the hands of a partner?
A. Cash distributions
B. Receipt of guaranteed payments
C. Partnership debt
D. Income from the business | None | null | null | null | null | null |
null | During the year, Perpetual Co. had these sales and purchases of a particular inventory item:
Jan. 1 beginning inventory: 30 units @ $25
Jan. 9 purchase: 100 units @ $28
Jan. 25 sale: 80 units @ $50
Feb. 13 purchase: 180 units @ $30
Mar. 1 sale: 120 units @ $52
Aug. 14 sale: 60 units @ $60
Sept. 14 purchase: 150 u... | None | null | null | null | null | null |
null | You are considering a project with the following cash flows.
Year
0
1
2
3
4
Cash flow
-$27,000
$11,200
$16,300
$10,600
$5,200
Required:
What is the internal rate of return for this project?
a) 8.89%
b) 10.62%
c) 11.58%
d) 12.15%
e) 12.31% | None | null | null | null | null | null |
null | Darth Company is considering the purchase of new heavy construction equipment that will cost $1,600,000 and have a life of 8 years with no expected salvage value. The expected cash flows associated with the project are as follows:
Year Cash Revenues Cash Expenses & Depreciation
1 $2,000,000 $1,400,000
2 $2,000,000 $1... | None | null | null | null | null | null |
null | The profitability index of a project is 0.375. The project's required return is 12 percent and its initial cash outlay is $2,750. What is the project's net present value? | None | null | null | null | null | null |
null | Consider the following probability distribution of returns for Alpha Corporation:
Current Stock price ($)Stock Price in one year ($)Return R Probability PR
$3540%25%
$25$25 0%50%
$20-20%25%
The expected return for Alpha Corporation is closest to:
a. 0.00%
b. 10%
c. 6.67%
d. 5.00% | d | null | null | null | null | null |
null | If the number of students taking math classes increases from 1,000 to 1,500 and their tuition increases from $100 to $150, which of the following is true?
a. The total revenue increases by $50,000
b. The total revenue increases by $75,000
c. The total revenue increases by $25,000
d. None of the above | None | null | null | null | null | null |
null | The first firm to attempt to acquire a monopoly in the foreign exchange market was _____.
A) the Bank of England in the 19th century
B) the General Agreement on Tariffs and Trade (GATT) in the 1940s
C) the European Economic Community (EEC) in the 1960s
D) the European Exchange Rate Mechanism (ERM) in the 1990s | None | null | null | null | null | null |
null | I want to solve the following limit: $\displaystyle \lim_{x\to 0} \frac{\int_{0}^x e^y\ \mathrm{d}y}{\int_{0}^x \sin(y)\ \mathrm{d}y}$. What theorem can I use? I thought of L'Hopital's theorem but don't know how to apply it to a fraction of two integrals. | None | null | null | null | null | null |
null | The _____ advantage is earned by firms because of their _____ scale.
a) economies of; large
b) diseconomies of; large
c) economies of; small
d) diseconomies of; small
e) experience-curve; high | None | null | null | null | null | null |
null | Suppose that the central bank buys $100 worth of bonds on the open market from bankA. (Suppose BankA bought the $100 worth of bonds previously using its then only $100 excess reserves.) Assume that the required reserve ratio is 10 percent, banks keep no excess reserves, and there are no cash leakages. After banks have ... | None | null | null | null | null | null |
null | When calculating the multiplier for government purchases (G), we:
a) must know the marginal propensity to save(mps).
b) must know the income tax(t).
c) must know the average propensity to consume(apc).
d) can ignore the size of the marginal propensity to consume(mpc).
e) both a and b. | a | null | null | null | null | null |
null | If a firm's current stock price represents the number of dollars that a share of stock is worth, then the stock price should rise if which of the following factors rises:
A. return on equity (ROE)
B. dividend yield
C. growth (g)
D. Both ROE and g
E. ROE, g, and dividend yield | None | null | null | null | null | null |
null | Let $V$ be the vector space consisting of all continuous real-valued functions defined on the closed interval $[0,1]$, and let $T:V \to V$ be the linear transformation defined by $$(Tf)(x)=\int_0^1(3x^2y-5x^3y^2)f(y)dy$$ Why is $Rank(T)=2$? | None | null | null | null | null | null |
null | All cells require a nitrogen source to grow. The preferred nitrogen source for E. coli is an ammonium salt (e.g. NH4Cl ). The NH 4 is assimilated into cellular metabolism by glutamine synthetase (GS), which catalyzes the synthesis of glutamine from glutamate, NH 4, and ATP. Glutamine then serves as a precursor to many ... | None | null | null | null | null | null |
null | A monopolist faces the following demand, with inverse demand p = 10 - Q. The monopolist has fixed costs of 10, and its marginal cost is 2 + Q. The profit-maximizing price is
A. {eq}p = 3
{/eq}.
B. {eq}p = 5
{/eq}.
C. {eq}p = 7
{/eq}.
D. {eq}p = 9
{/eq}. | None | null | null | null | null | null |
null | Use a double integral to find the volume of the solid in the first octant bounded by the planes y = 0, z = 0, x = 6, and z = 8 - \frac{4}{3} x + 2y. | None | null | null | null | null | null |
null | What is the future value of an investment of $1,000 paid every year for five (5) years when the funds are invested at the end of the year at a rate of 11.0%? | 6,227.80 | null | null | null | null | null |
null | A company wishes to estimate the cost of common stock capital for a firm that has a beta of 1.5, the current risk-free rate is 7%, and the expected return on the market portfolio is 13%.
If the firm's common stock has a dividend yield of 4%, what is the cost of common stock equity? | None | null | null | null | null | null |
null | Calculate the current yield on the bond with a 7% coupon and a market price of $1000. | None | null | null | null | null | null |
null | Big Co. is considering a project with cash flows as follows:
Year 0
=
-$18,900
Year 1
=
+ $8,900
Year 2
=
+ $8,700
Year 3
=
+ $7,700
Year 4
=
+ $8,800
If the discount rate is 11%, what is the discounted ... | None | null | null | null | null | null |
null | A project has an initial cash outflow of $5000 and the following cash inflows: Year 1: $1000, Year 2: $1000, Year 3: $1000, Year 4: $2000. Which of the following is closest to the project's profitability index if the discount rate is 5%?
A) 0.78
B) 0.98
C) 0.89
D) 1.03 | None | null | null | null | null | null |
null | McMullen Railroad Co. provides the following information regarding its single product.
Standard direct labor hours per unit of output 3.80 hours
Total budgeted direct labor hours for the month 6,860 hours
Actual output for the month 1,700 units
The total direct labor standard for the actual output of the company is... | None | null | null | null | null | null |
null | Use the limit process to find the area of the region bounded by the graph of the function {eq}x^2 + 4{/eq} and the {eq}x{/eq}-axis over the interval {eq}[0, 3]{/eq}. | 21 | null | null | null | null | null |
null | Prove or disprove: Suppose $X$ is an infinite set and $Y \subseteq X$. Then $|X \setminus Y| = |X|$ or $|Y| = |X|$. | None | null | null | null | null | null |
null | Which of the following statements is correct?
(a) A permanent reduction in the money supply will cause inflation to increase in the long run.
(b) A reduction in taxes will have a larger effect on the price level if inflation is expected to be zero than if inflation is expected to be positive.
(c) A reduction in taxe... | None | null | null | null | null | null |
null | If the market price is above the equilibrium price, which of the following statements is correct:
(a) Quantity supplied will exceed quantity demanded.
(b) Quantity demanded will exceed quantity supplied.
(c) Demand will increase.
(d) Both (a) and (c).
(e) Both (a) and (b). | None | null | null | null | null | null |
null | Currency held outside banks is $400 billion, checkable deposits amount to $350 billion, traveler's checks are $2 billion, and money market mutual funds (retail) are $100 billion. What does M2 equal? | None | null | null | null | null | null |
null | You recently hired individuals from China, Japan, and Korea to your office. What type of interpersonal conflict would be most likely?
a) Personal differences
b) Informational deficiency
c) Role incompatibility
d) Environmental stress
e) There would be no conflict, as all the new hires are Asian | None | null | null | null | null | null |
null | If a vector space has 2 identical vectors, in particular the zero vector, is it a vector space with 2 vectors or since they are linearly dependent is it technically condensed to a vector space with just the zero vector? Is the vector space $\{0, 0\}$ a vector space with 1 or 2 vectors? | 1 | null | null | null | null | null |
null | Why do we report a loss when asset is sold for less than its cost? Give an example. | None | null | null | null | null | null |
null | Which of the following choices is the best statement of the purpose of an absorption cost reconciliation?
a. to explain the difference between operating income under absorption costing and variable costing
b. to explain the difference between the cost of inventory under variable costing and absorption costing
c. to ... | None | null | null | null | null | null |
null | Assume that a production possibilities frontier can be represented by the equation Y = 30 - 0.75X. If Y is 20, then what is the opportunity cost of producing an additional unit of X?
A. 1.5 units of X
B. 0.75 units of Y
C. 1.5 units of Y
D. 0.75 units of X | None | null | null | null | null | null |
null | Your firm has the opportunity to invest in several projects. The market value of your firm is $120 million. You estimate that an investment of $20 million is required and that the investment will produce net income of $14 million per year for the next three years. What is the required return on the project? Assume all ... | None | null | null | null | null | null |
null | Average fixed costs
a) rise continuously with output
b) are always falling with output
c) are U-shaped
d) reach a minimum point and then rise continuously with output
e) reach a maximum point and then fall continuously with output | None | null | null | null | null | null |
null | In May and June, Michael spent all his drinking budget on drinking Beer and Scotch Whiskey. Each beer budget $3. At Michael's optimal choice, his marginal utility from the last Beer purchased is 300 and his marginal utility from the last scotch whiskey purchased is 400. This means that each scotch whiskey must cost of ... | $4 | null | null | null | null | null |
null | Assuming an infinite number of rolls of a dice, what is the probability that a 6 comes before any 1's? | None | null | null | null | null | null |
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