Explain forecasters predictions of inflation are inaccurate
Forecasters' predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational. Is this statement true, false, or uncertain? Explain your answer.
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Describe the general findings from capital market research concerning the information content of accounting numbers and the effects of alternative accounting policies.
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Explain how the separation of ownership and control in American corporations might lead to poor management.
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How did a decline in housing prices help trigger the subprime financial crisis starting in 2007?
Calculate the net assessable income of Mr. Ching for the year of assessment 2011/12. Give explanations for the tax treatments of items stated in the question.
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