What is inflation?

(A) an increase in the amount of money in circulation

(B) a decrease in the overall price level

(C) an increase in the overall level of economic activity

(D) an increase in the overall price level

Builder Monty must secure a loan with mortgages on five different lots. What type of loan will he need? A. Bridge loan B. Blanket loan C. Construction loan D. Package loan

Two economists, Smith and Jones, are discussing the currently high unemployment rate. Smith says that something ought to be done quickly because the economy may not be able to restore itself to full employment.

Commercial advertising campaigns often seek to spin information on products. For example, a car manufacturer might say a particular car it manufactures was ranked as the most innovative new vehicle.

The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year.

Latoya and Martha are friends who live across town. Latoya always seems to be the person to initiate communication. When Latoya decided to let Martha contact her, the phone call never came.

An employee has proposed adding new equipment that would speed up the loading rate to 5.71 trucks per day. the equipment would cost an additional $100 per day for each dock. should the manager invest in the new equipment?

Castle Black Camping is twice as risky as the average stock. The market should earn 11% and the risk free rate is 2%. What is a fair return for CBC? (20%)

During the meeting, Michael always wants to focus on business and has been pushing Norio to sign the contract, whereas Norio seems to like spending more time talking about personal preferences and hobbies, building up personal relationships before

Conversion costs are the sum of: a. fixed and variable overhead costs. b. labor costs and overhead costs. c. direct material costs and overhead costs. d. direct labor and indirect labor costs.

Ken believes his company's overhead costs are driven (affected) by the number of direct labor hours because the production process is very labor intensive.