The U. S. encourages domestic companies to export because

А. It increases inflation.

B It increases the number of U. S. consumers who buy domestic products.

С. It increases the value of a U. S. dollar.

D It improves the interest rate.

Sonny's Super Market has installed a self-service checkout counter, and wishes to understand how this has affected customer service. Shoppers arrive on average the rate of one every other minute (Poisson distribution).

Intask Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of 6,800 units that were 75% complete with respect to conversion costs.

For countries that use inflation targeting, the rate of inflation serves as which of the following? a. The main operating target b. The most important intermediate target c. The most important policy instrument d. All of the above

Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $137,500, and it estimates that 3% will be uncollectible.

At market equilibrium, a. The quantity of a good buyers are willing to buy is greater than the quantity sellers are willing to sell. b. The quantity of a good sellers are willing to sell is greater than the quantity buyers are willing to buy. c.

Harry Smith owns a metal - producing firm that is an unregulated monopoly. After considerable experimentation and research, he finds that the firm's marginal cost curve can be approximated by a straight line, MC =

Your bank is offering you an account that will pay 20 % interest in total for a two-year deposit. Determine the equivalent discount rate for the following: a. Six months b. One year c. One month

A sales associate has a house listed at $200,000. It's overpriced and he feels it has only a 70% chance of selling in the original listing term. He also has a $300,000 house that has an 80% chance of sale.

Banks are financial intermediaries because they: a) hold all the money in the economic system in currency form. b) print money as needed for borrowers whether business, individual, or government entities.

Johnson Company manufactures a variety of shoes, and has received a special one-time-only order directly from a wholesaler. Johnson has sufficient idle capacity to accept the special order to manufacture 15,000 pairs of sneakers at a price of $7.