International Business‚ 13e (Global Edition) (Daniels/Radebaugh/Sullivan) Chapter 4 The Economic Environment 1) The recent global economic crisis has led to which of the following? A) governments seeking to impose more constraints on capitalism B) governments seeking to eliminate constraints on capitalism C) governments seeking to increase the interdependence of developing economies D) governments seeking to eliminate the interdependence of developing economies 2) Income‚ purchasing
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Final exsam 5. A mainframe is a type of legacy workstation. Answer: True [pic] False 6. Client/server computing is the most widely used form of centralized processing. Answer: True [pic] False 7. In cloud computing‚ rapid elasticity refers to the ability of computing resources to be quickly altered to meet demand. Answer: [pic] True False 8. Application server software is responsible for locating and managing stored Web pages. Answer:
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Chapter 1 An Overview of the Changing Financial-Services Sector Multiple Choice Questions 47. In the United States a commercial bank qualifies as a "bank" under federal law if it offers: A) Consumer installment loans‚ CDs B) Savings deposits‚ commercial loans C) Checking accounts‚ commercial loans D) Security investments‚ inventory loans to business customers E) Commercial deposit accounts‚ consumer savings plans 48. E. F. Hutton‚ J.C. Penney‚ and Sears
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Chapter 19 Early Latin America Multiple Choice 1. Which of the following was a NOT characteristic of Iberian society? a. b. Absence of slaveholding traditions c. Emphasis on nobility d. Emphasis on patriarchal ideals e. 2. Heavy urbanization Patriarchal families How was the commercial experience of the Portuguese extended to the Americas? a. b. The Portuguese were responsible for the use of galleys in the Atlantic passage c. The Portuguese experience
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Economics AP and IB Economics Unit 1 Definitions of social science and economics Definitions of microeconomics and macroeconomics Definitions of growth‚ development and sustainable development Positive and normative concepts Ceteris paribus Scarcity • factors of production: land‚ labor‚ capital and management/entrepreneurship • payments to factors of production: rent‚ wages‚ interest‚ profit Choice Utility: basic definition Opportunity cost • Free and economic goods • Production possibility curves:
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Section A a. Explain the concept of dominant strategy equilibrium. 1. http://tuvalu.santafe.edu/~jkchoi/game4.pdf 2. http://econweb.umd.edu/~borowitz/dominant_strategy_equilibrium.pdf b. Discuss the concept of Nash equilibrium. 1.http://www.economics.utoronto.ca/osborne/igt/nash.pdf 2. http://www.columbia.edu/~rs328/NashEquilibrium.pdf c. Is every dominant strategy equilibrium a Nash equilibrium? 1. http://economics.fundamentalfinance.com/game-theory/nash-equilibrium
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whether each of the following statements applies to microeconomics or macroeconomics‚ and why: 12 Marks Total a. The unemployment rate in Canada was 7.0 percent in January 2010 Answer: This is the macroeconomic statement because it describes the unemployment rate of the whole country. b. A Canadian software firm discharged 15 workers last month and transferred the work to India. Answer: This is the microeconomic statement because it focuses in an individual Canadian
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1 In many industries that have a process manufacturing operation‚ the production process is of a nature that some units will always be lost due to evaporation‚ shrinkage‚ spillage‚ or other factors. These normal losses: a. are treated as period costs. b. are absorbed by good units. c. are charged to a separate Loss from Normal Spoilage account. d. are 100% avoidable costs. status: incorrect (0.0) correct: b your answer: c feedback: Incorrect. Normal losses are expected in the manufacturing
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STEPS OF THE SCIENTIFIC METHOD‚ ARE INTRODUCED. THE APPENDIX INTRODUCES THE USE OF GRAPHS. CHAPTER OUTLINE THE ECONOMIC PROBLEM: SCARCE RESOURCES‚ UNLIMITED WANTS Use PowerPoint slide 3 for the following section Economics is about making choices. The problem is that wants or desires are virtually unlimited while the resources available to satisfy these wants are scarce. A resource is scarce when it is not freely available‚ when its price exceeds zero. Economics studies how people use their
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The term “expectations gap” has been coined to describe: a) The difference between what the public thinks it is receiving in audited financial statements‚ and what the public is actually receiving. b) The expectation that business exists to serve the needs of the shareholders and society. c) The opinion of the public that the public’s physical wellbeing‚ and the wellbeing of some workers‚ is threatened by corporate activity. d) That directors‚ executives and managers are human‚ and make mistakes
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