Which of the following is NOT an underlying characteristic of a smart group?
a. Aggregation
b. Diversity of opinion
c. Interdependence
d. Decentralization
C
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Data for an economy show that the unemployment rate is 6 percent, the participation rate 60 percent, and 200 million people 16 years or older are not in the labor force. How many people are employed in this economy?
A. 300 million B. 188 million C. 30 million D. 282 million
According to the table shown, the firm's marginal revenue:
This table shows the total costs for various levels of output for a firm operating in a perfectly competitive market.
A. is constant.
B. increases as output increases.
C. decreases as output increases.
D. increases until the 3rd unit, then decreases.
A scenario plan is different from business plan because:
a. A scenario plan focuses on business cash flows, and a business plan focuses mainly on strategy. b. Business plans are for long periods of time, and scenario plans are for short periods, like capital budgeting projects. c. A scenario plan is long term and focuses on industry, demographic, industry, and social trends. Business plans are short-term and focus mainly on cash flows and relatively short-term strategies. d. Business plans are usually for one-year and two year periods. Scenario plans are medium term, with time horizons of three to five years. e. Scenario plans tend to focus on long-term marketing strategies and the proper handling of non-operating assets (e.g., marketable security holdings). Business plans focus more on mergers and acquisitions and the proper lines of business in which a company should be involved.
What is the difference between multilateral aid and bilateral aid?
a. Multilateral aid is country to country, and bilateral aid comes from organizations using funds from many countries. b. Multilateral aid comes from organizations using funds from many countries, and bilateral aid is country to country. c. Multilateral aid is country to country, and bilateral aid comes from philanthropic organizations. d. Multilateral aid comes from philanthropic organizations, and bilateral aid comes from organizations using funds from many countries.