Which type of bureaucracy emphasizes vertical specialization and control?

A) Divisionalized
B) Mechanistic
C) Departmental
D) Organic
E) Matrix

The Ness Company sells $5,000,000 of five-year,10% bonds at the start of the year.The bonds have an effective yield of 9%.Present value factors are below: $$\begin{array}{lcc}& \underline{10\%}& \underline{9\%}\\ \text{ PV \$1 factor 1 year }& 0.90909& 0.91743\\ \text{ PV \$1 factor 2 years }& 0.82645& 0.84168\\ \text{ PV \$1 factor 3 years }& 0.75131& 0.77218\\ \text{ PV \$1 factor 4 years }& 0.68301& 0.70843\\ \text{ PV \$1 factor 5 years }& 0.62092& 0.64993\end{array}$$
The bonds will sell for

A) $4,805,525.
B) $5,000,000.
C) $5,050,000.
D) $5,194,475.

When a negotiable instrument is used, the drawer of the instrument cannot use the rule of privity to limit the claim of the holder.

If people correctly anticipate that inflation will fall by 1%, then

A) the short-run Phillips curve shifts right and unemployment is unchanged.
B) the short-run Phillips curve shifts right and unemployment rises.
C) the short-run Phillips curve shifts left and unemployment is unchanged.
D) the short-run Phillips curve would shift left and unemployment falls.

The sale of either stocks or bonds to raise money is known as equity finance.

Which one of the following is a key assumption of social identity theory?

A) Individuals tend to compare themselves to people who are performing worse than they are.
B) Because our social identities are linked to our groups,our feelings of self-worth can be enhanced by stressing the relative superiority of our groups.
C) Group members strive to maximize their positive outcomes and minimize the negative outcomes.
D) Group members are cognitive misers: they seek to process information rapidly,but they sometimes make errors.
E) Self-esteem is an indicator of one's acceptance within one's social groups.