Economist Michael Kremer offered a unique solution to the problem of deadweight loss created by monopolies that have control of an innovation. What solution did he propose that would leave the drive to innovate uncompromised?

In 2018, Bodily Corporation reported $230,000 pretax accounting income. The income tax rate for that year was 25%. Bodily had an unused $126,000 net operating loss carryforward from 2016 when the tax rate was 32%.

The annual percentage rate indicates the amount of interest, including the effect of any compounding. a. True b. False

The interest rate charged on a risk-free loan exceeds the rate on a risky loan. a. true b. false

Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January 325 260 February 440 380 March 450 370 April 440 420 May 380 440 June 460 360 July 410 375 August 370 300 September 345 380 October 510

Which of the following would constitute contractionary monetary policy by the Fed? a. Open market sales of government securities, an increase in the discount rate, and an increase in reserve requirements b.

Organizational core values are the answer to which of the following questions? How do we accomplish our goals? Which of the value chain activities are primary? What is the value added to a good or service at each step in the production?

A company borrows $38,000 with 7% interest on october 1, 2018. this amount plus interest is due on september 30, 2019. record the adjusting entry on december 31, 2018.

Which of the following is a TRUE statement regarding Treasury Bills? A T-Bills are non-callable and are issued at par B T-Bills are non-callable and are issued at a discount C T-Bills are callable and are issued at a discount D T-Bills are

Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received a $19,000 bill from her accountant for consulting services related to her small business.

How might you measure service quality in a hotel? A. Any unserviceable item in the room (light, TV, radio, mini-bar, etc.) B. Response time for room service. C. Accuracy of room bill. D. Number of minutes waiting to check in. E.