Purchasing power parity suggests that interest rates in different countries will adjust so that each

currency will have the same purchasing power.

Indicate whether the statement is true or false

FALSE

Business

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The final, negotiated settlement point usually is a point approximately in the middle of the two opening offers

Indicate whether the statement is true or false

Business

Pocket dictating machines and pagers have replaced traditional diary/log methods in many firms. Which of the following problems have the modern methods most likely eliminated?

A) work time required to fill out forms and surveys B) employee forgetfulness regarding daily activities C) costs associated with copying and filing paperwork D) employee frustration towards bureaucratic requirements

Business