Economic studies suggest there is: - a. an inverse relationship between the degree of independence of the central bank and the size of the average annual rate of inflation.
b. no relationship between the degree of independence of the central bank and the size of the average annual rate of inflation.
c. a positive relationship between the degree of independence of the central bank and the size of the central bank.
d. a positive relationship between the degree of independence of the central bank and the size of the average annual rate of inflation.

Identify which of the twelve basic functions listed below fit the description given.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?