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NEW QUESTION: 1
If the real growth rate of the economy is 3% and the money supply is increasing at 4%, given that the velocity of money is constant
A. the rate of inflation will equal 1%.
B. nominal interest rates will decline by 1%.
C. prices will decline at the rate of 1%.
Answer: A
Explanation:
According to the quantity theory of money, if the velocity of money does not change,Rate of inflation = Rate of money supply growth - Real growth rate of economy = 4% - 3% = 1%
NEW QUESTION: 2
A department purchased one copy of a software program for internal use. The manager of the department installed the program on an office computer and then made two complete copies of the original software.
Copy 1 was solely for backup purposes.
Copy 2 was for use by another member of the department.
In terms of software licenses and copyright law, which of the following is correct?
A. Neither copy is legal.
B. Both copies are legal.
C. Only copy 1 is legal.
D. Only copy 2 is legal.
Answer: C
NEW QUESTION: 3
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Answer:
Explanation:
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CC Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CC Exam.
CC Exam Topics
Review the CC especially if you are on a recertification. Make sure you are still on the same page with what ISC wants from you.
CC Offcial Page
Review the official page for the CC Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the CC Exam
Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.