Approximately two-thirds of the exports from developed countries go to developed countries.
Answer the following statement true (T) or false (F)
True
More than half the exports from developing nations do go to developed countries, but this proportion has been declining as the developing nations participate more extensively in trade with other developing nations, from 72 percent in 1970 to about 50 percent by 2013. About two-thirds of exports from developed economies go to other industrialized nations.
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Suppose business firms collectively become pessimistic about prospects for future profits because of continued worries about terrorism. Explain how this would affect investment, aggregate demand, output, and the price level in the short run and the long run.
What will be an ideal response?
When cooperative pragmatists are negotiating genuine trust is needed between the negotiators
Indicate whether the statement is true or false.
Which of the following is not a characteristic of an effective buffer for a bad-news message?
A) relevant B) supportive C) neutral D) short E) controversial
Claire currently makes $30,000 per year and is in a 15% tax bracket. If she contributes $1,800 to her 401(k) plan at work, by how much will this lower her tax liability?
A) $270 B) $1,800 C) $4,500 D) $4,230