ANSWER KEY FOR TEST 2 DECEMBER 2011 ECON 0110: MACROECONOMICS DR. KENKEL 25 questions worth 10 points each. Total Points = 250 1. Assume the following data apply to a certain country using 1996 as the base year: Year Consumer Nominal Price GDP Index (Trillions) 2005 144.9 12.2 2006 155.6 14.8 2007 169.5 17.5 The growth rate of real GDP between 2005 and 2006 is a. Less than 5.0% b. 5.0% to less than 6.0% c. 6.0% to less than 7.0% d. 7.0% to less than
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A Few Popular BLOOMBERG Functions General TOP [GO] ECO [GO] NI PERU [GO] NH [GO] WEI [GO] MSG [GO] MSG 4 [GO] JOHN [HELP] FOMC [GO] WFX [GO] BBEA [GO] WB [GO] WECO [GO] TK IBM [GO] BST Displays top new stories. Can be modified by region or topic. Economic data from countries around the world. News about Peru (many‚ many countries/topics available) News ticker (live) World equity market monitor Bloomberg MSG function Check to see if your outgoing email has been read by receiver Will return all users
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The relative value of any asset is‚ at best‚ a lucky guess. C) The true value of an asset is unaffected by externalities such as interest rate levels‚ the state of the economy‚ etc. D) Valuation is not an exact science. Answer: D Diff: 1 Topic: Valuation 2) The law of one price stipulates that A) identical goods must be sold to all buyers at the same price; otherwise price discrimination occurs. B) assets that are identical
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is active in overseeing the entity’s financial reporting policies. Answer A is incorrect. An active audit committee tends to temper management ’s aggressive stance. B. External policies established by parties outside the entity affect its accounting practices. Answer B is incorrect. External policies tend to moderate such management tendencies. C. Management is dominated by one individual who is also a shareholder. Answer C is correct because these noted factors tend to have an especially
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[pic]Accounting 408 Test 2 Review 1. An auditor obtains knowledge about a new client ’s business and its industry to a. Make constructive suggestions concerning improvements in the client ’s internal control structure. b. Develop an attitude of professional skepticism concerning management ’s financial statement assertions. c. Evaluate whether the aggregation of known misstatements causes the financial statements taken as a whole to be materially misstated
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CHAPTER 1 PRE TEST The business operation that is almost completely governed by State and Federal laws is: a. the Payroll system. The Americans with Disabilities Act (ADA): a. prohibits the hiring of disabled persons. b. prohibits discrimination against qualified people who are disabled. The law requiring a minimum wage be set by the Secretary of Labor a. is the Davis-Bacon Act of 1931. The law requiring a minimum wage be set by the Secretary of Labor is the Davis-Bacon Act of 1931. Pg
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Review Test Submission: UNIT I EXAM -CHAPS. 1-6 Content User Jennifer Rodriguez Brito Course BADM5100.ORGANIZATION THEORY AND POLICY Test UNIT I EXAM -CHAPS. 1-6 Started 12/12/14 8:19 PM Submitted 12/12/14 9:37 PM Due Date 12/12/14 11:59 PM Status Completed Attempt Score 100 out of 100 points Time Elapsed 1 hour‚ 17 minutes out of 2 hours Instructions MULTIPLE CHOICE: Please select the best alternative for each statement‚ situation or question. (4 pts. each) Question 1 4 out of 4 points
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APHG UNIT2 TEST ANSWERS Question 1 2 out of 2 points Population geographers define demographic regions as what type of region? Selected Answer: C. formal Question 2 2 out of 2 points The low point of migration to the United States was: Selected Answer: B. 1930s Question 3 2 out of 2 points Select the one remaining country still in Stage 1. Selected Answer: D. none of the above
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explanations‚ and statistical section. Answer: True 2. The three major sections of a CAFR are the Introductory‚ Financial‚ and statistical sections. Answer: True 3. The introductory and statistical sections of a CAFR are not audited. Answer: True 4. State and local governments are required to prepare a CAFR. Answer: False 5. Combining statements are required whenever a non-major column is used in one of the fund financial statements. Answer: True 6. A complete CAFR includes
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economics is: | | | | | | Feedback: | Wants will always exceed resources. | | | | | Question 4 | 2 out of 2 points | | In economics‚ scarcity means that: | | | | | | Feedback: | We cannot produce everything with fixed resources. | | | | | Question 5 | 1 out of 1 points | | The basic factors of production include: | | | | | | Feedback: | The basic four factors are required for the production of goods and services. | | | | | Question
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