1. When a person dies, arrangements will first be made to pay his or her final expenses, such as

the cost of an appropriate burial, medical expenses, taxes, and legitimate debts.

True False

International economics can be divided into two broad subfields: A. developed and less developed. B. international trade and international money. C. static and dynamic. D. monetary and barter. E. macro and micro.

David ricardo believed that: a. all nations can gain from free international trade. b. trade cannot increase the world's output of goods. c. trade will benefit countries when it generates gold and silver for the national treasury. d.

Imagine that the company invented a machine that would double the production of baseballs and bats. In such a case, what would happen to the curve in the graph?

Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each year, she will deposit $710 in her local bank, which pays her 4% annual interest.

After conducting a market research study, Stewart Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $120.

You have been placed in charge of all advertising for a product that has common appeal in different cultures around the world. You will most likely engage in a. global advertising. b. international advertising. c. national advertising. d.

Miller Company has a subsidiary located in Saudi Arabia. In order to reduce economic exposure, Miller restructured its operations and increased supply order in Saudi Arabia.

It would be faster for a human resource manager to use a (an) (blank) to alert employees about a company picnic.

Why do economists use models? a. Models are used to add complexity to a simple world. b. Models allow us to study a simplified version of a complex world. c. Models allow us to control exogenous factors. d. Models make the world harder to understand.

On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Co.