Customs and taboos are culture-bound and should be taken into consideration when products are marketed in a foreign environment.

Answer the following statement true (T) or false (F)


True

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An economy has 100 households. The ten rich households each have incomes of $50,000 in period 1 and $75,000 in period 2. The ninety poor households each have incomes of $20,000 in period 1 and $25,000 in period 2. Assume that the price of the good is $1 in both periods. Also assume that the households borrow from each other. Suppose that each household decides that its consumption in period 1 will equal 50 percent of the present value of its income from both periods. The equilibrium real interest rate is about

A. 20 percent. B. 30 percent. C. 40 percent. D. 50 percent.

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Give an account of experimental research

What will be an ideal response?

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If an agency terminates by operation of law, there is no duty to notify third parties about the termination

Indicate whether the statement is true or false

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A sample of 66 observations will be taken from an infinite population. The population proportion equals 0.12. The probability that the sample proportion will be less than 0.1969 is

A. 0.0955. B. 0.9045. C. 0.0273. D. 0.9727.

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