On May 12, 2011, the U.S. dollar was worth 28 Russian rubles. How many U.S. dollars did it take to buy one Russian ruble?
a. 0.01
b. 0.04
c. 0.28
d. 0.40
b
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A "company town" is one in which:
A. all employees of a company live within its confines. B. a single company employs the great majority of people in a town and owns most structures in the town. C. the company directs most town business by assisting local government. D. a single company directly regulates and monitors all town activity.
Joe and Frank are partners in a delivery business. Their only business asset is the truck they use for deliveries, which is jointly owned by the partners. Frank, while on a business run, speeds through a red light, hits a car, and causes personal injury to the car owner of $150,000 . In the apportionment of liability for this injury among the partners
a. the most that could be taken from Joe is his half-ownership in the truck b. the most that can be taken from Joe is $75,000 c. Joe is not liable at all since he was not the driver d. Joe could be required to pay the full $150,000 in damages e. Joe would be liable only for the amount of profit earned in the trucking business
Which type of unemployment is most closely connected with the saying "you can't teach an old dog new tricks"?
a. cyclical b. frictional c. structural d. voluntary e. involuntary
Wealth is defined as the:
A. value of monetary assets. B. value of assets that can be converted to cash on short notice. C. value of all assets minus the money that is owed. D. total amount of income earned in a one-year period.