61) The lesson that SRC (Self-Reference Criterion) teaches can be summarized as: A) a person’s perception of market needs is framed by others cultural experience. B) perceptual blockage and distortion about cultures are hard to reduce. C) unbiased perception is a vital and critical skill in global marketing. D) unconscious reference to one’s cultural values is critical in global marketing. E) prior success and […]

    Article Summary Seeking ways to improve education, Garrett Johnson has organized technology competitions called hackathons where participants such as students, teachers, and engineers build applications designed to improve secondary and higher education systems. These applications can include ways for teachers to improve skills, more productive study habits for students, improving school safety, or any number of ideas related to education. Several hackathons have […]

  21) The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (PPACA) will A) increase government spending by just under $1 trillion over 10 years. B) cost the government significantly more than the additional taxes and fees enacted under the law will bring in. C) eliminate the budget deficit within 10 years. D) actually reduce government spending over a 20 year […]

  41.The apparent reason that McClelland’s training programs to increase achievement needs failed in Mexico and India is that _____. a.evidence shows that there is no way to change an individual’s perceived need for achievement b.the collectivist societies of the trainees did not provide the social support needed to sustain their training (page 127, moderate) c.the personalities of the particular trainees chosen were too individualistic […]

    41) One symptom of mild radiation sickness is A) a lowered white cell count. B) a raised white cell count. C) a lowered red blood cell count. D) a raised red blood cell count. E) a white cell count of zero.   42) Sodium-24 has a half-life of 15 hours. How many hours is three half-lives? A) 60 hours B) 45 hours C) […]

    21) In a natural monopoly, throughout the range of market demand A) marginal cost is above average total cost and pulls average total cost upward. B) average total cost is above marginal cost and pulls marginal cost upward. C) marginal cost is below average total cost and pulls average total cost downward. D) there are diseconomies of scale.     22) To have […]

    45.              The production requirements for May are: A)295,000 B)315,000 C)271,800 D)291,400   46.              The production requirements for June are: A)248,000 B)225,000 C)223,000 D)205,000     Use the following to answer questions 47-48:   Waterford Enterprises’ unit production was budgeted for the first six months of its fiscal year as follows:   March 32,000   June 34,500 April 37,500   July 45,500 May 41,000 […]

  41. Bellow Ltd. uses direct labor hours as the cost driver for variable overhead. Which of the following items does not need to be known, in order to calculate the variable overhead efficiency variance?  A. Actual overhead costs B. Actual direct labor hours C. Standard variable overhead rate per direct labor hour D. Standard direct labor hours allowed   42. Sampson Apparel Inc. Sampson Apparel Inc. incurred actual variable overhead […]

  151.RefertoFigure28-2.Whatdothetwolinesinthefiguremeasure? a.Thetoplineisthelaborforceparticipationrate,andthebottomlineistheunemploymentrate. b.Thetoplineisthelaborforceparticipationratesofthecollege-educatedpopulation,andbottomlineisthelaborforceparticipationratesofthehigh-school-educatedpopulation. c.Thetoplineistheforeignlaborforceparticipationrate,andthebottomlineisthedomesticlaborforceparticipationrate. d.Thetoplineisthelaborforceparticipationratesofmen,andthebottomlineisthelaborforceparticipationratesofwomen. 152.Whichofthefollowingisnotacommonly-citedexplanationforthedramaticallyincreasinglabor-forceparticipationratesforwomenfrom1950tothepresent? a.availabilityofreliablebirthcontrol b.inventionofhouseholdlabor-savingdevicessuchasdishwashersandmicrowaveovens c.anincreasingnumberofwomenwhoworktosupporttheirparents d.changingsocialattitudesaboutworkingmothers 153.Whichofthefollowingisnotacommonly-citedexplanationforthedecreasinglabor-forceparticipationratesformenfrom1950tothepresent? a.availabilityofreliablebirthcontrol b.menacquiringadditionalyearsofschoolingbeforeenteringthelaborforce c.apreferenceformentoretirewhenyounger d.changingsocialattitudesaboutstay-at-homefathers 154.Peoplewhoareunemployedbecausetheyareinsearchofajobthatsuitstheirskillsareincludedwithin a.structuralunemployment. b.frictionalunemployment. c.cyclicalunemployment. d.marginalunemployment. 155.WhichofthefollowingisacauseofthechangingroleofwomeninAmericansocietyoverthepastseveraldecades? a.newtechnologiesthathavereducedtheamountoftimerequiredtocompleteroutinehouseholdtasks b.improvedbirthcontrol c.changingpoliticalandsocialattitudes d.Alloftheabovearecorrect. 156.JustafterWorldWarII,thelabor-forceparticipationrateofwomenwas a.about25percent,andin2012,itwasabout50percent. b.about33percent,andin2012,itwasabout60percent. c.about50percent,andin2012,itwasabout70percent. d.about60percent,andin2012,itwasabout80percent. 157.Overthepastseveraldecades,thedifferencebetweenthelabor-forceparticipationratesofmenandwomenin theU.S.has a.graduallyincreased. b.remainedconstant. c.graduallydecreased. d.beeneliminated. 158.OverthepastseveraldecadesintheUnitedStates,thelabor-forceparticipationrateofwomenhas a.increased,andthelabor-forceparticipationrateofmenhasincreased. b.increased,andthelabor-forceparticipationrateofmenhasdecreased. c.decreased,andthelabor-forceparticipationrateofmenhasincreased. d.decreased,andthelabor-forceparticipationrateofmenhasdecreased. 159.WhichofthefollowingisnotacauseofthedeclineintheU.S.men’slabor­forceparticipationrateoverthe pastseveraldecades? a.youngmennowstayinschoollongerthantheirfathersandgrandfathersdid b.oldermennowretireearlierandlivelonger c.withmorewomenemployed,therearefewerjobsnowavailabletomen d.morefathersnowstayathometoraisetheirchildren 160.JustafterWorldWarII,thelabor-forceparticipationrateofmenwas a.about33percent,andin2012,itwasabout50percent. b.about50percent,andin2012,itwasabout60percent. c.about60percent,andin2012,itwasabout60percent. d.about90percent,andin2012,itwasabout70percent.    

  9.4   The Economy’s Influence on the Government Budget   1) Which of the following is a CORRECT sequence of events during a recession? A) unemployment falls, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises B) unemployment rises, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises C) unemployment rises, income falls, tax revenue rises, unemployment […]