The Measure of Input and Output Used by an Operational

question 146

Multiple Choice

The measure of input and output used by an operational productivity measure is called:

• A)revenues
• B)costs
• C)physical quantities
• D)dollars

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Definitions:

Law of One Price

An economic theory that states that in efficient markets, identical goods must have only one price when prices are expressed in a common currency, absent any transaction costs and tariffs.

Treasury Bond

A long-term, interest-bearing security issued by the U.S. government.

STRIPPED Cash Flows

Cash flows that are separated from their financial instruments in order to be sold as individual securities.

Arbitrage

The simultaneous purchase and sale of an asset in different markets to exploit price differences for a risk-free profit.