Demographics are significant because they facilitate the study of people's purchasing power and educational attainment

Indicate whether the statement is true or false
a. True
b. False


ANSWER: False

Demography is the study of people's vital statistics, such as age, race and ethnicity, and location.

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Below are various states of financial distress: 1 . defaulting on a principal payment on debt 2 . restructuring debt 3 . liquidating a firm 4 . filing for bankruptcy 5 . failing to make a required interest payment on time What is the order of increasing gravity that analysts typically consider when assessing credit risk and bankruptcy risk according to a continuum of financial distress?

a. 5, 1, 2, 3, 4 b. 5, 2, 1, 4, 3 c. 1, 5, 2, 4, 3 d. 1, 5, 2, 3, 4

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A large retail store that wants to offer a broader variety of products or services on site than it would otherwise carry would most likely make an arrangement with a(n) ________

A) leased department B) convenience store C) variety store D) factory outlet E) off-price retailer

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All of the following factors contribute significantly to the rate of change of a country's population (such as the U.S.) EXCEPT:

A. immigration (the number of people who enter a country for the purpose of permanent residence). B. life expectancy (the average number of years a population lives from birth). C. birth rate (the number of births during a specified time period). D. death rate (the number of deaths during a specified time period). E. population density (defined as the total number of people per square mile/kilometer).

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______ influences managers’ judgments of the frequency, probability, or likely causes of an event.

A. Representativeness B. Anchoring C. Heuristics D. Availability

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