Compared to a checking account, the rules governing your

use of a savings account are generally more:

Negotiable

Intuitive

Restrictive

Liberal

The George Washington University encourages students to think critically and to challenge the status quo. Thus, civil discourse is a key characteristic of our community.

Microeconomics is the study of how households and firms make decisions and how they interact in specific markets. a. TRUE b. FALSE

Discuss the bases for achieving collaborative advantage;

Suppose that the Federal Reserve (the "Fed") sells $1.5 million of bonds to a bond dealer, who pays the Fed by writing a check against the funds in her checking account. What is the initial impact of this transaction? A.

A company paid $517,000 to purchase equipment and $16,700 to have the equipment delivered to and installed in the company's production facilities.

Companies using LIFO are required to disclose the amount at which inventory would have been reported had it used FIFO. Similarly, companies using FIFO are required to disclose what their inventory would have been if the company had used LIFO.

Frito-lay, which is widely known for producing chips and other snack products, tried to introduce frito-lay lemonade. the reason this new product failed is likely because of

Suppose ABC Dairy is one firm competing in the perfectly competitive market for milk. Now suppose ABC Dairy decides to produce only organic milk. Which of the following best describes the effects of this change in the market? a.

Futures contracts on gold are based on 100 troy ounces and priced in dollars per troy ounce. Assume the January gold contract settled today at 1285.10 and opened at 1284.60. The April contract settled at 1285.30 and opened at 1285.

A firm incurs $35,000,000 of actual OH costs. It has a PDOH rate of $450 per machine hour and 100,000 machine hours were actually consumed during the period. The firm has 0 units in beginning WIP, it started 250 units and completed 230 units.