Accruals are liabilities for services received for which payment has yet to be made

Indicate whether the statement is true or false

TRUE

Business

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Evidence from the United States during the period 1973-2012 indicates the correspondence between nominal interest rates and exchange rate movements is

A) much closer than that between real interest rates and exchange rate movements. B) not nearly as close as that between government spending and exchange rate movements. C) not nearly as close as that between government deficits and exchange rate movements. D) not nearly as close as that between real interest rates and exchange rate movements.

Business

Increasing the cost of a project can reduce the time required to complete the project up to a certain point, beyond which, the time required would increase due to ________

A) economies of scale B) diseconomies of scale C) economies of scope D) diseconomies of scope

Business