Which of the following agencies has established standardized accounting principles for reporting corporate earnings?

A) The Securities and Exchange Commission
B) The Federal Trade Commission
C) The National Accounting Board
D) The Fair Reporting Commission

A

Economics

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An increase in government spending lowers interest rates and increases the rate of investment in new capital

Indicate whether the statement is true or false

Economics

On the expiration date of a futures contract, the price of the contract converges to the

A) purchase price of the contract. B) average price over the life of the contract. C) price of the underlying asset. D) average of the purchase price and the price of the underlying asset.

Economics