Exporters employ an export management company as part of an indirect exporting strategy.
a. true
b. false
a. true
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The "velocity of circulation" refers to the
A) average speed with which the Fed increases or decreases the quantity of money. B) ratio between the quantity of money and the price level. C) average number of times in a year each dollar is used to buy goods and services. D) average number of times a dollar is deposited and withdrawn from a bank account. E) average speed with which the nominal interest rate changes when the inflation rate changes.
If you anticipate that the inflation rate is going to rise from three percent to 10 percent next year, you should
A) save your funds at a fixed rate of interest. B) borrow funds at a fixed rate of interest. C) keep your funds in your sock drawer. D) wait to buy a house until next year.
Which of the following statements accurately reflects research findings on the distribution of colonial wealth?
a. The poorest 20 percent of colonist controlled nearly 20 percent of colonial wealth. b. Distributional inequality tended to be greater in rural areas than in cities, particularly in New England. c. Colonial wealth was distributed more unequally in the Middle colonies than in the South or New England. d. The opportunity for income mobility was probably greater in the colonies than in England.
In 2013, the lowest incidence of poverty was for
A. individuals over 65. B. white (non-Hispanic) people. C. children under 18. D. women living in households with no husband present.