When comparing the physical and the economic life of an improvement, the economic life usually is:
A: Shorter;
B: Longer;
C: The same;
D: Shorter or longer, depending on the type of improvement.
Answer: A: Shorter;
Business
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Which type of financial intermediary is more highly exposed to liquidity risk?
A. Property-casualty insurance companies. B. Life insurance companies. C. Mutual funds. D. Depository institutions. E. Pension funds.
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The first company to find a global market for any product is always at a disadvantage over competitors
Indicate whether the statement is true or false
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