Assume you own a refrigerator that was purchased new seven years ago for $900, would cost $1200 today, and that it was expected to last ten years when purchased. Similar used refrigerators sell for about $300 . What is its actual cash value?
a. $270
b. $300
c. $360
d. $900
a
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Julius has an opportunity for a major promotion, but it would mean that he would have to move away from his family and no longer be able to help his cousins care for his uncle. Julius instead chooses to stay nearby and turn down the promotion. Julius’s society illustrates which of Hofstede’s dimensions?
A. collectivist B. individualist C. long-term orientation D. low power distance
The Consolidated Omnibus Budget Reconciliation Act (COBRA) is an act designed to prevent fraud and other abuses associated with private pension funds.
Answer the following statement true (T) or false (F)
Assume a nominal interest rate on one-year U.S. Treasury Bills of 3.80% and a real rate of interest of 2.00%. Using the Fisher Effect Equation, what is the exact expected rate of inflation in the U.S. over the next year?
A) 1.84% B) 1.80% C) 1.76% D) 1.72%
A country's ________ indicate its present and future potential for consuming, since products and services can be sold only to countries where there is enough income to buy them.
A. psychographic data B. government policies C. legal systems D. cultural systems E. economic conditions