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Grant Gill
Business
Consider the long-run model of a small open economy which starts from a position of trade balance, i. e., exports equal imports. Suppose that corporate downsizing and lack of job security cause consumers to spend less and save more. Predict the impact of a decline in consumer confidence on the exchange rate and the U. S. trade balance.
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Bernice
Business
Jason and his wife are expecting their first child this week, but Jason had to attend a very important meeting in Quebec. While in Quebec, Jason was able to check his phone for text messages every hour, and as soon as his wife went into labor, he was able to return home in less than six hours. How was this possible
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Scarlet Owens
Business
You walk onto a used-car lot to buy your first car. However, you are not sure about the quality of the cars in the lot and expect one-third of them to be of poor quality. Refer to the scenario above. Suppose you decide to buy a Toyota Corolla. You value the car for $10,000. You don't know it, but the car dealer values it for $8, 500. If you have a zero value for poor-quality cars, what is the most that would you be willing to pay for the car? a) $10,000 b) $5,000 c) $3,000.50 d) $6, 666.67
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Maximus Stewart
Business
Suppose youre a salesperson for a beer and wine distributor. one of your customers has just finished telling you they are unhappy because their last order contained several broken bottles. what should you do after expressing empathy and taking responsibility for the problem?
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Collin Noble
Business
Jane agrees, in writing, to buy Susan's house for $300,000 as soon as Jane is ready to buy a house. The agreement is: Group of answer choices
a. Unenforceable, because it violates the statute of frauds
b. Unenforceable, because Jane's promise is illusory.
c. Both of the above are correct an enforceable contract, subject to a condition precedent.
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Kissy
Business
The PMI develops procedures and concepts necessary to support the profession of project management. Which of the following is not one of the three areas it focuses on?
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George Miller
Business
The Uptowner will pay an annual dividend of $3.26 a share next year with future dividends increasing by 2.8 percent annually. What is the market rate of return if the stock is currently selling for $49.10 a share?
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Dayton Werner
Business
Tao co. Receives $10,000 cash in advance for four months of legal services on october 1, 2016, and records it by debiting cash and crediting unearned revenue both for $10,000. It is now december 31, 2016, and tao has provided legal services as planned. What adjusting entry should tao make to account for the work performed from october 1 through december 31, 2016?
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Carlie Wiggins
Business
Lee is the product manager for a software program sold by Company ABC. In evaluating the product, Lee determines that something just isn't right with how the software program is marketed to potential customers, and he feels a change is necessary. Which of the following marketing mix variables is easiest for Lee to change?
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Jazlynn Stone
Business
Which of the following items is included in GDP?
A. the sale of stocks and bonds.
B. All the above are included in GDP.
C. the sale of services such as those performed by a doctor.
D. the sale of used goods.
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Carey
Business
Which of the following definitions is correct? Multiple Choice Accounting profit + economic profit = normal profit. Economic profit = accounting profit - implicit costs. Economic profit - implicit costs = accounting profits. Economic profit - accounting profit = explicit costs.
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Guest
Business
On July 8, Action Co. issued a $70,000, 6%, 120-day note payable to Scanlon Co. Assuming a 360-day year, what information is needed to calculate the maturity value of the note? a. The interest rate (6%) and the term (120 days) are needed to calculate the maturity value of the note. b. The face value of the note ($70,000) is needed to calculate the maturity value of the note. c. The face value ($70,000), interest rate (6%), and term (120 days) are needed to calculate the maturity value of the note. d. None of the information given is needed to calculate the maturity value of the note.
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Elian
Business
The result of an inventory stockout usually results in
a. a decrease in prices.
b. an increase in lost sales.
c. an increase in net profit.
d. an increase in inventory costs.
e. an increase in loyal customers.
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Jackson Le
Business
Select all the correct answers.
Which factors decrease because of protectionism?
competition
job security
domestic production
goodwill with trade partners
importation of goods
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Guest
Business
Leeding Engines Inc. specializes in manufacturing internal combustion engines. Recently, Leeding has decided to create a division for the flexible fuel field. During this time, Mark, the HR manager, has been reviewing and updating job descriptions. With the knowledge that a new division of jobs will be created, what would be the appropriate course of action for Mark to take next?
A) Mark should amend the original job descriptions to say they all will eventually take on flexible fuel responsibilities.
B) Mark should take care to avoid including the titles of the jobs while formulating new job descriptions.
C) Mark should wait until the new employees are hired before creating the new job descriptions.
D) Mark should consider preparing new job descriptions since new jobs will be created in the organization.
E) Mark should reuse the old job descriptions for the new jobs, instead of creating new ones.
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