The time value of money is the gain of purchasing power that occurs over time as a result of
inflation.
Indicate whether the statement is true or false
FALSE
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Answer the following statements true (T) or false (F)
1.International trade leads to increased welfare if a nation can achieve a post-trade consumption point lying inside of its production-possibilities frontier. 2.If the U.S. post-trade consumption point lies along its production possibilities frontier, the United States achieves a higher level of welfare with trade than without trade. 3.If productivity in the German computer industry grows faster than it does in the Japanese computer industry, the opportunity cost of each computer produced in Japan increases relative to the opportunity cost of a computer produced in Germany. 4.With constant opportunity costs, a nation will achieve the greatest possible gains from trade if it partially specializes in the production of the commodity of its comparative disadvantage. 5.By reducing the overall volume of trade, import restrictions tend to reduce a nation's gains from trade.
Accounting for inventories is a major consideration for many companies because of its significance to which of the following financial statements?
a. Balance sheet. b. Income statement. c. Statement of Cash Flow d. Both A and B.
A catalog retailer studies about 3,500 variables over the lifetime of a customer's relationship. It has found that customers who change residences are three times more likely than customers who do not move as frequently to buy tables, fax machines, and decorative products but are no more likely to buy jewelry or footwear. By using data analysis to determine which promotion to target to customers who have recently moved, this catalog retailer has engaged in ________.
A) customer retention B) customer acquisition C) customer abandonment D) customer accrual E) market basket analysis
What is the difference between "top-down" and "bottom-up" approaches to empowerment? Discuss how these differences impact the effectiveness of empowerment efforts.
What will be an ideal response?