An increase in the price of milk causes a decrease in the demand for cereal. The two products are

a.

substitutes.

c.

unrelated.

b.

complements.

d.

demand elastic.

Travel has 7 percent, semiannual, coupon bonds outstanding with a current market price of $1,020.46, a par value of $1,000, and a yield to maturity of 6.72 percent. How many years is it until these bonds mature

Southern Company is preparing a cash budget for April. The company has $12,000 cash at the beginning of April and anticipates $30,000 in cash receipts and $34,500 in cash disbursements during April.

Why do some people consider mutual funds a more convenient investment than stocks or bonds?

Economic efficiency indicates that a. all pollution should be eliminated. b. automobiles should be made as safe as possible c. if something is worth doing, you should do it as well as humanly possible. d.

Francine, a top programmer for NBC, is scheduling Greg's House, a very popular sitcom, between two much less popular shows, Ursula in Charge and Crickets. Which programming strategy is Francine employing? a. hammocking b. checkerboarding c.

A piece of equipment costs $30,000, and is expected to generate $8,500 of annual cash revenues and $1,500 of annual cash expenses. The disposal value at the end of the estimated 10-year life is $3,000. Ignoring income taxes, the payback period is: A.

Suppose there is a bill to increase the tax on cigarettes by $1 per pack coupled with an income tax cut of $500.

Alex has a new idea for a way to cut costs in his department, but he is not willing to share his idea with his boss because the last department head that tried new cost cutting methods was recently fired because the new methods could not achieve

According to herzberg, the difference between motivators and hygiene factors is: overall, motivators relate to greater job satisfaction, while hygiene factors make the work place a satisfying place to thrive.

Which of the following changes can take place in the long run? A. labor force b. machinery c. Technology. D. All of these can be changed in the long run