Firms with high power distance are most likely to be characterized by ________

A) concentrated power among executives and little autonomy for subordinates
B) an equal distribution of power among executives, managers, and lower-level employees
C) a minimal gap between the powerful and the weak
D) a highly flexible work environment

A

Business

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Your ARM has a two year adjustment interval, 4% margin, 2% periodic rate cap and a 6% lifetime cap. This year the market interest index increased by 2.75%. What will happen to your APR on this loan?

A) It will increase by 2% B) It will increase by 2.75% C) It will increase by 4% D) It will increase by 6%

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What should the null and alternative hypotheses be for ?1?

A) H0 : ?1 ? 0, H1 : ?1 = 0 B) H0 : ?1 = 0, H1 : ?1 < 0 C) H0 : ?1 = 0, H1 : ?1 > 0 D) H0 : ?1 < 0, H1 : ?1 > 0

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