THIS QUESTION IS WORTH 12 POINTS. EACH PART (A TO D) IS WORTH 3 POINTS, 1 POINT FOR THE CORRECT RESPONSE (TOR F) AND 2 POINTS FOR THE CORRECT (VERY BRIEF) EXPLANATION. A VERY BRIEF EXPLANATION (FEW WORDS/1-2 LINES/RELEVANT EXAMPLES MUST BE PROVIDED FOR A TRUE (T) RESPONSE AS WELL. A. Okun Law has always worked in all recessions and recoveries.
B. It is possible to have unemployed workers even when the economy is operating at full employment.
C. Adam Smith believed that nations would grow poor over a period of time.
D. Asian Tigers phenomenon happened in the 1990's due to the Internet Revolution.

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk