Comparisons between numerical data from different countries can be difficult because of all of the following EXCEPT:
A) units of measurement might differ.
B) accuracy may vary across countries.
C) frequency of census data collection can differ.
D) differences in tax evasion rates affects reported business income.
E) language differs across countries.
E
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After six years of success in terms of some benchmarks, MillerCoors, the joint venture between Molson Coors and SABMiller, is having trouble. Why is it struggling after such a promising beginning
a. It has not been able to substantially reduce costs. b. It was unable to create economies of scale. c. It has not increased market shares for two of its important products. d. It has not been able to get products to market in a timely manner.
Which of the following statements is FALSE?
A) The prime rate is the rate banks charge other banks. B) With a variable interest rate, the terms of the loan may indicate that the rate will vary with some spread relative to a benchmark rate, such as the yield on one-year Treasury securities or the prime rate. C) With a discount loan, the borrower is required to pay the interest at the beginning of the loan period. D) A common benchmark rate is the London Inter-Bank Offered Rate, or LIBOR, which is the rate of interest at which banks borrow funds from each other in the London interbank market.