Which of the following is (are) a guideline(s) to be used in the estimation of cash flows?
a. cash flows should be measured on an incremental basis
b. cash flows should be measured on an after-tax basis
c. all the indirect effects of the project should be included
d. all of the above
e. none of the above
d
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Which of the following is a microeconomic question?
A) Why do economies experience periods of recession? B) Will government intervention lower the unemployment rate? C) Why has growth in the economy slowed down over the past decade? D) How will Apple decide on a selling price for the iPad?
Full employment in the U.S. economy means that
A. The economy has reached the lowest level of unemployment compatible with price stability. B. Frictional unemployment has been reduced to zero. C. The total unemployment rate has been reduced to zero. D. Structural unemployment has reached its minimum as a result of increased spending, and the economy is moving toward the peak of the business cycle.