A closed economy is one in which:

a. saving exactly equals investment at full employment

b. imports exactly equal exports, so that trade is balanced

c. the home economy is isolated from foreign trade

d. domestic firms invest in industries overseas

To create a balanced budget, one must make sure to A - spend as little as possible B - pay credit card payments first C - spend less than or equal to income D - pay off debts first

Brian has a Master's degree in electrical engineering and brings 10 years of experience to his current job. He is known for putting in long hours of hard work on his job.

Ralph Lauren is planning a promotion where it will showcase all of its clothing lines to buyers at retail stores. It also plans to develop a direct marketing campaign that will use social media to introduce its new seasonal styles.

Suppose that there are only two people in an economy. Under the current income tax system, the marginal revenue of a 1% tax increase on Harry is $50 while the marginal revenue of a 1% tax increase on Sally is $30.

Which of the following assists companies in raising capital, advise firms on major transactions such as mergers or financial restructuring, and engage in trading and market making activities?

A car manufacturer offers either $2,000 cash back or zero percent financing for 5 years. A rational consumer will always take the cash back because money received today is worth more than money received in the future. true/false

Because of its effect on the amount of capital per worker, in the short term an increase in the working population is likely to a. reduce productivity. Other things the same, this decrease will be larger in a rich country. b. reduce productivity.

For 2020, Cullumber Company reported beginning total assets of $200,000 and ending total assets of $340,000. Its net income for this period was $40,000, and its net sales were $297,000. Compute the company's asset turnover for 2020.

A politician employs illegal immigrants for housekeeping services. A nearby restaurant also employs illegal immigrants. The restaurant is fined, but the politician does not suffer any consequences. How would social location explain this?

The Holmes Company's currently outstanding bonds have a 9% coupon and a 14% yield to maturity. Holmes believes it could issue new bonds at par that would provide a similar yield to maturity.