The exchange of a 5-year class asset for a 7-year class asset would not qualify for "like-kind" treatment.

According to Edgar Schein, values are the deepest level of an organization's culture.

Suppose a recession in Europe reduces U.S. net exports at every price level. Which of the following would you expect to occur in the U.S. as a result of this change?

A) In the short run, unemployment will increase and inflation will fall.
B) In the short run, unemployment will increase and inflation will rise.
C) In the short run, unemployment will decrease and inflation will rise.
D) In the short run, unemployment will decrease and inflation will fall.

Enrique and Lin assembled a group of 12 people and had the group evaluate several promotional campaigns.Enrique and Lin collected data from a(n)

A) focus group.
B) survey.
C) observational source.
D) secondary source.