Prepaid Rent is an expense account that appears on the income statement

Indicate whether the statement is true or false

FALSE

Business

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According to the domestic Fisher effect, if the inflation rate is 3% and the real rate of interest is 2%, the nominal rate of interest will be

A) 5.06%. B) 5.00%. C) 6%. D) 8.15%.

Business

A random sample of two variables, x and y, produced the following observations:

x y 19 7 13 9 17 8 9 11 12 9 25 6 20 7 17 8 Compute the correlation coefficient for these sample data. A) -0.9707 B) -0.2141 C) 0.5133 D) 0.8612

Business