A busy mom is watching TV when a commercial for a new type of kitchen cleaning product by Procter & Gamble is presented. She considers whether the new product will clean better than her existing cleaning products. In the traditional communication model, the mom is the
A. noise.
B. message channel.
C. source.
D. encoder.
E. decoder.
Answer: E
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In a real business cycle (RBC) model,
A. agents are heterogeneous. B. agents do not have rational expectations. C. economic growth and business cycles are explained by two different variables. D. shocks to productivity are the sole source of the business cycle.
Domestic-based export merchants ________
A) buy manufacturers' products and then sell them abroad B) manage a company's export activities for a fee C) buy foreign products and sell them in the domestic country D) seek and negotiate foreign purchases E) carry on exporting activities on behalf of several producers
Kayla works for Cellular World Company and has created an ad for the newest version of the U-Phone, using imagery of the American flag and an eagle to convey the idea that the phone gives its users increased freedom. Kayla is based in the United States but developed the ad for use worldwide. Citizens of other countries found the ads offensive and improper. In this scenario, by failing to consider the perspectives of international customers, Kayla was showing ______.
a. parochialism b. not-invented-here syndrome c. protectionism d. nationalism
________ is a doctrine that says a person is liable for harm that is the foreseeable consequence of his or her actions
A) Tort of outrage B) Tort of misappropriation C) Disparagement D) Unintentional tort