Construct a list of a country's economic statistics you would assemble to help determine the probability of a devaluation of its currency within the coming year
What will be an ideal response?
Answer: Based on theoretical and empirical work, the following economic variables should prove useful predictors: PPP-based measures of currency overvaluation, current account balances and monetary growth rates. In addition, if liquid financial markets exist, information about forward rates or interest rates, currency option prices, and so on may prove useful in terms of forecasting devaluations.
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Julie is explaining an integrated marketing communications program to Michael. In this situation:
A) Julie is a sender and Michael is an encoder B) Julie is a receiver and Michael is using a transmission device C) Julie is a sender and Michael is a receiver D) Julie is a transmission device and Michael is a decoder
Consumers spend little time and effort evaluating alternatives in the purchase of table salt and milk. The consumer purchase decision process for such staples involves ________, which is virtually a habit and typifies low-involvement decision-making.
A. rational problem solving B. extended problem solving C. limited problem solving D. routine problem solving E. situational problem solving
Sheila wants to make a positive first impression at her upcoming job interview. Which of the following should she do to ensure that she is dressed in a businesslike way?
A. She should be conservative about accessories and not wear gaudy jewelry. B. She should wear jeans and sneakers so that she is comfortable. C. She should wear short sleeves, whether it is winter or summer. D. She should chew gum to avoid bad breath.
Your annual mortgage payments are $10,000 of which $8,000 represents interest payments, your marginal tax rate is about 30%, and you itemize deductions. Home ownership will reduce your tax payments by about how much?
A) $2,400 B) $3,000 C) $5,600 D) $7,000