People who grew up in the western part of Aquilonia have an accent distinct from people who grew up in the eastern part of the country. People from the west also receive lower wages than people from the east. From this information alone, which of the following is not a possible explanation for this wage differential?

A) Discrimination against people from the west exists.
B) People from the east receive compensating differentials.
C) People from the west have lower levels of human capital.
D) People from the east put forth less effort in their work.

The Food, Conservation, and Energy Act of 2008 provided three main forms of cash commodity subsidies, including the following, except

A) direct payments.
B) cash rebates.
C) countercyclical payments.
D) marketing loans.

____ represents what affirmative action programs basically strive to do.

A) Break the white male monopoly
B) Make up for past discrimination
C) Increase job opportunities for women
D) Protect racial minorities
E) Prevent future discrimination

The payback method and accounting rate of return methods consider the effect of the time value of money.

Which of the following issues is/are NOT considered a part of short-term finance?

A) How much credit should be extended to customers?
B) How much should the firm borrow short-term?
C) What is a reasonable level of cash for the firm to maintain?
D) How much of the firm's current income should be paid out as dividends?
E) Should the firm issue commercial paper or obtain a bank loan?

Which of the following transactions would cause an asset to decrease and the Owner's Equity to decrease?

A) The owner invested cash in the business.
B) The business incurred an Expense on credit.
C) The business bought supplies on account.
D) None of the above.