Business Its Legal Ethical & Global Environment
10th Edition
ISBN: 9781305224414
Author: JENNINGS
Publisher: Cengage
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- Which of the following is an exogenous variable in the G&S market model? Select one: a. The domestic price level b. The GNP of the domestic country c. The GNP of the foreign country d. The unemployment rate in the domestic country e. The financial account balancearrow_forwardTrue/ False. The International Fisher effect states that the real rates are equal across countries. Group of answer choices True Falsearrow_forwardAggregate expenditure is the sum of a. spending by households, firms, government, and foreigners on final goods and services b. all types of spending by households c. spending and savings by households d. spending by households and governments on final goods and servicesarrow_forward
- Which of the following theories can be assessed using data that exists at one specific point in time? A. purchasing power parity (PPP) B. international Fisher effect (IFE). C. A and B D. interest rate parity (IRP).arrow_forward. _______ Purchasing products or materials in other nationsand bringing them into one’s own country isa. trading.b. balancing.c. exporting.d. importing.e. dumping.arrow_forwardWhat information would one use to determine the type of economic system that a country has? (Multiple choice) 1. The information needed would be the rate of inflation and the gross domestic product figures. 2. The information needed would be the breakdown on who owns the business in the country and how much control the government has upon business regulations, taxes, etc. 3. The information needed would be the gross domestic products figures and consumer price index figures.arrow_forward
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