The risk-free rate (for the three-month U.S. Treasury bill) in the United States has varied from slightly under 1% to a high of 15% in the period from 1950 to 1999

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Transaction processing includes the activities required to meet government reporting requirements.

a. true b. false

Business

What is the optimal production quantity?

The XYZ manufacturing company produces ball bearings. The annual fixed cost is $20,000 and the variable cost per ball bearing is $3. The price is related to demand according to the following equation: 1000 - 8p.

Business