The term ________ is defined as having two consecutive quarters of decline in the country's gross domestic product

A) deflation
B) stagnation
C) depression
D) stagflation
E) recession


Answer: E
Explanation: If the period of downward swing is severe, the nation may enter into a recession, traditionally defined as two consecutive quarters of decline in the gross domestic product.

Business

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The mental position a person takes about a topic, person, or event is called a(n):

A) value B) attitude C) level of involvement D) cognition

Business

Answer the following statements true (T) or false (F)

1.Consider Figure 5.5. The Japanese export quota's revenue effect totals $1,200. 2.Consider Figure 5.5. The government of Mexico collects 50 percent of the export quota's revenue effect, or $600, in the form of tax revenue. 3.Consider Figure 5.5. Assuming that the revenue effect of the export quota accrues to Japanese firms, the overall welfare loss to Mexico equals $2,100 as a result of the quota. 4.Excessive sea transport and freight regulations are examples of nontariff trade barriers. 5.For the United States, corporate average fuel economy standards (CAFÉ) provide a minimum limit on the number of gallons of gas that an automobile can consume per mile driven.

Business

Which of the following would you implement to collect and analyze your company's big data?

A. data warehouse B. Hadoop C. SQL D. profiling

Business

A marketing ________ is defined as a group of marketing variables a business controls with the intent of implementing a marketing strategy directed at a specific target market

A) plan B) model C) mix D) target E) optimization

Business