Which of the following statements is FALSE?
A. The United States was the world's largest economy in 2014.
B. Global trade has helped lift hundreds of millions of Chinese out of poverty.
C. The presence of a few dominant companies in an industry makes it more difficult for entrepreneurs to start a business in that sector.
D. Around the world, consumers are showing a robust appetite for the sharing-based economy.
E. Most Americans use their mobile devices for getting directions or listening to music rather than making purchases.
A. The United States was the world's largest economy in 2014.
In 2014, China overtook the United States as the world's largest economy.
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In a compound interest problem, if you know the future value, the present value, and the number of periods, then you can solve for the interest rate
a. True b. False Indicate whether the statement is true or false
When a marketing manager is dissatisfied with the current positioning of his/her product or service and seeks a new perceived advantage, it is called:
A) brand positioning B) perceptual mapping C) brand repositioning D) brand extension
Leroy writes a letter that says, "I agree to sell to Jay five modern art paintings," and he signs the letter. Jay is an art dealer and he receives this writing from Leroy and does not object in writing within 10 days of receiving it. Which of the following is true according to the Uniform Commercial Code?
A. The contract will be considered void because of the lack of written evidence from Jay. B. Leroy would have a good statute of frauds defense because Jay has not signed the contract. C. Leroy will be prevented by the statute of frauds to take the case to the court. D. Jay has lost his statute of frauds defense because he did not object to the contract.
Noncontrolling interest should be presented at the bottom of stockholders equity
Indicate whether the statement is true or false