With the start of the subprime financial crisis in August 2007, the dollar ________ in value against the euro as the Fed lowered interest rates
By December of 2008, with the financial crisis spreading throughout Europe, foreign central banks cut their interest rates, leading to a ________ in the value of the dollar relative to the euro.
A) rose; further increase
B) rose; decline
C) declined; rise
D) declined; further decline
C
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Identify the correct statement about shareholder influence
A. Shareholders often exercise their voting power to replace management. B. In corporate elections, stockholders cannot vote for another candidate. C. If stockholders submit nominees to board nominating committees, the directors have to accept them. D. Most shareholders do not follow management's voting recommendations.
EcoBean, a chain of cafes, has introduced a Special Shopper Card that allows customers to pay in advance for coffee and snacks. This effort by EcoBean management is most likely an example of ________
A) market development B) product development C) diversification D) market penetration E) product adaptation