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    Week 4 Knowledge Check Study Guide Concepts Mastery Questions Functions of administrative law 100% 1 2 3 100% 4 5 6 100% 7 8 9 100% 10 Powers of administrative agencies Trade secret protections Trademarks and copyright law Score: 12 / 12 11 12 Concept: Functions of administrative law Mastery 100% Questions 1 2 3 1. Identify the true statement about administrative agencies. A. They are not authorized to perform legislative functions. B. They are charged with the task

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    BUS 475 Week 1 Knowledge Check 1. Reaching a valid decision is based on the evaluation of arguments. If we know that a valid argument has true premises‚ then a decision based on the argument______________. A. must be sound B. might be sound C. is strong D. might have a false conclusion The correct answer is: A. 2 2. Identify the fallacy in the following piano store advertisement: Pianos are our only business. You’ll get the best deal at the Piano Experts. A. Ad hominem B. Straw man C. Hasty generalization

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    Week 1 Knowledge Check Study Guide Concepts Mastery Beliefs and claims‚ issues‚ and arguments Score: 9 / 9 Questions 100% 1 2 3 100% 4 5 6 100% 7 8 9 Two kinds of arguments‚ deduction‚ induction‚ and unstated premises‚ and balance of considerations and IBEs Cognitive biases Concept: Beliefs and claims‚ issues‚ and arguments Mastery 100% Questions 1 2 3 1. In the context of arguments in the critical thinking process‚ what is the term used to refer to a reason provided for

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    Week 3 Knowledge Check Study Guide Concepts Mastery Alternative Goals and Questions 100% 1 100% 2 100% 3 The creative process 100% 4 Domain Skills 100% 6 Strategic planning 100% 7 100% 8 100% 9 Plans Goals SWOT Analysis and Strategy Formulation Establishment of Mission‚ Vision‚ and Goals Core Competencies Step 5: Strategy 5 Score: 11 / 12 Implementation 10 Analysis of External Opportunities Corporate Strategy 100% 11 0% 12 Concept: Alternative Goals and Plans Mastery

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    ECO/ 372 Week 1 Knowledge Check 1.The two frameworks conventional economists generally use to analyze macroeconomic issues are A.the inflation and the unemployment frameworks B.the short-run and the long-run frameworks C.the business cycle and the growth cycle frameworks D.the stagnationist and the Post-Keynesian frameworks 2.The relationship between real and nominal interest rate can be expressed by A.real interest rate = nominal interest rate + inflation B.real interest rate = inflation - nominal

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    Knowledge Check Week 5 Study Guide Concepts Mastery Score: 12 / 12 Questions Monetary Policy 100% 1 Interest Rates 100% 2 Exchange Rates 100% Trade and Specialization 100% 3 4 6 7 10 8 9 12 5 11 Concept: Monetary Policy Mastery 100% Questions 1 3 4 5 1. The Classical Theory of Asset Prices assumes which of the following ideas? A. The interest rate to use is the nominal rate‚ assets are the discounted sum of their future values‚ and expected income is the best information

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    Knowledge Check Week 4 Concepts Mastery Score: 10/10 Questions Stages in the Business Cycle 100% 1 Level of Economic Growth 100% 4 Level of Unemployment 100% Inflation 100% 2 3 5 6 7 9 10 8 Concept: Stages in the Business Cycle Concepts Mastery Stages in the Business Cycle Questions 100% 1 2 3 1. Business cycles occur when output A. falls below its potential B. rises above its potential C. is fixed at

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    Week 1 Knowledge Check Study Guide Concepts Mastery Questions MACROECONOMICS 0% 1 INTEREST RATES 100% 2 100% 3 100% 4 100% 6 100% 7 GROSS DOMESTIC PRODUCT HISTORIC ECONOMIC DATA DEFINITION OF ECONOMICS LAW OF DEMAND Score: 6 / 7 5 Concept: MACROECONOMICS Mastery 0% Questions 1 1. The two frameworks conventional economists generally use to analyze macroeconomic issues are A. the inflation and the unemployment frameworks B. the short-run and the long-run frameworks C. the

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    Week 1 Knowledge Check Study Guide Concepts Mastery Sole proprietorships and general partnerships Corporations Questions 100% 1 2 3 100% 4 5 6 100% 7 8 9 100% 10 11 12 100% 13 14 15 100% 16 17 18 Limited partnerships and special partnerships Score: 18 / 18 Limited liability companies and limited liability partnerships Franchising‚ licensing‚ and joint ventures Alternative forms of dispute resolution Concept: Sole proprietorships and general partnerships Mastery 100%

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    Week 4 Knowledge Check Study Guide Concepts Mastery BUDGET SURPLUS Questions 100% 1 100% 2 3 TAX POLICY 100% 4 5 FISCAL POLICY 100% 6 BUDGET DEFICIT AND BUDGET SURPLUS Score: 6 / 6 Concept: BUDGET SURPLUS Mastery 100% 1. In the long-run framework‚ budget surpluses Questions 1 A. should be run whenever output dips below potential output B. should never be run since they crowd out investment in the short-run C. are better than budget deficits over the long-run because unlike

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