1. In the EVA equation, the _____ is subtracted from the after-tax operating income to determine the economic value added.?
a. ?total capital invested
b. ?current intrinsic value
c. ?marginal tax
d. ?operating cash flows
e. ?average cost of funds
2. During _____, both the demand for money and the rate of inflation tend to fall, which prompts the Fed to increase the money supply, and as a result, interest rates decline.?
a. ?expansions
b. ?economic booms
c. ?a foreign trade deficit
d. ?a fiscal deficit
e. ?recessions