Ron, an HR manager at Franton Inc., needs to determine how the number of administrative staff increased in the last two years. He observed that there was a decrease in the accounting department by the same number of staff. In the context of determining labor supply in the accounting department, Ron must use a(n) ________.

Fill in the blank(s) with the appropriate word(s).

Answer: transitional matrix

Business

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The Fourteenth Amendment to the U.S. Constitution ________

A) applies the Due Process Clause to state governments B) applies the right to indictment by a grand jury C) was the first amendment to add the Bill of Rights to the Constitution D) deals with only federal jurisdiction and its laws

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A corporate investment manager needs to invest $1,000,000 for the next 6 months. The current

nominal rate of interest in the United States is 5%, while the nominal rate of interest in Argentina is 8%. Which of the following statements is MOST correct? A) The manager should invest the funds in Argentina and make an extra $30,000 for the year. B) The manager is indifferent between investing the funds in the United States or Argentina because real returns will always be the same in the end. C) The manager cannot invest in Argentina because his company is investing dollars. D) The manager may decide to invest the funds in the United States due to the international Fisher effect, which suggests inflation in Argentina may make the extra interest income worth less in one year.

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