If a drug company creates a new drug designed to treat common seasonal allergies is approved by the U.S. Food and Drug Association (FDA), which means the drug can be marketed and sold in the U.S., the approval by the FDA is an example of ________.
A) a trademark
B) screening
C) self-revelation
D) a certification
D) a certification
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Which of the following is an example of a surplus item on the balance of payments?
A) private gifts to foreign residents B) public gifts to foreign residents C) interest receipts from foreign residents D) purchases of gold from foreign residents
According to the efficient markets theory of stock prices,
a. fundamental analysis is a way to profit from predicting stock prices b. fundamental and technical analysis are largely useless c. technical analysis is the best approach to profit from predicting stock prices d. fundamental and technical analysis must be synthesized in order to profit from predicting stock prices e. whether fundamental and technical analysis can be profitable depends on the specific firm being analyzed
Starting from the 1990s, there was a significant shift toward
A. granting employees narrower decision authority and more specialized functions. B. granting employees narrower decision authority and less specialized functions. C. granting employees broader decision authority and less specialized functions. D. granting employees broader decision authority and more specialized functions.
Relating to the Economics in Practice on page 360: Which of the following is an example of an advertisement in which the fact that something is not mentioned indicates that the product is unlikely to be desirable?
A. an advertisement for ice cream that describes the variety of flavors available and the way it tastes but makes no mention of the ice cream's nutritional content B. an advertisement for a 30-year old lawn tractor that mentions the color of its paint and the number of cup holders it has but makes no mention of the condition of its engine C. an advertisement for hot dogs that mentions that it meets certain religious dietary requirements but fails to explain those requirements in a way that would be understood by most people D. an advertisement for a sneaker that mentions the endorsement of one sports star but fails to mention the sports stars that have endorsed competing products