You bring your lunch to your part-time job instead of spending $8 on lunch. You put the $8 in your savings account. This is an example of opportunity cost.

True.

False

John and Mark hold equivalent secretarial jobs, but John, who makes 20 percent more than Mark, is employed by a manufacturing firm while Mark is employed by a department store.

The beta of an MNC acquisition target is 1.38 and last year's S&P 500 return was at 14.92%, while for dedicated savers, T-Bills languished at a very dismal 2.21%.

Keith has a 2018 tax liability of $2,250 before taking into account his American Opportunity tax credit.

If there is an increase in the money supply that cause money to ode purchasing power and leads to inflation what happens to prices

Carolina mills purchased $270,000 in supplies this year. the supplies account increased by $10,000 during the year to an ending balance of $66,000. what was supplies expense for carolina mills during the year?

An audience is first asked to write the last 2 digits of their social security number, and, second, to submit mock bids on items such as wine and chocolate.

Which of the following statements is false? Multiple Choice Prepaid insurance is a deferred expense. Prepaid insurance represents a future economic benefit. Prepaid insurance is shown on the income statement.

Under which conditions is price elasticity of supply relatively elastic or relatively inelastic? 1. Firms are operating in the short run 2. Firms would have a hard time storing their goods 3. Firms have a large amount of excess capacity 4.

Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. What was his perchase price

Where does money come from