An acculturated person
a. has become part of the melting pot.
b. has become socioculturally assimilated.
c. understands his or her own culture.
d. accepts another culture's ideas.
D
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A property is listed for $110,000. On March 1, the owner accepts a written offer for $105,000, and the closing date is set for June 15. On March 15, it is announced that a new shopping center will be built near the property, and the owner believes that the property is now worth $145,000. Which of the following should determine the amount paid at closing?
A. The amount specified by the accepted offer B. A fair market price, as determined by a certified appraiser C. The original listing price, since that is what the seller thought was fair D. A compromise between the offer and the current value, approximately $125,000
In spite of having about 45% of the world's known oil reserves, Saudi Arabia and other Middle Eastern countries post current-account deficits, largely because:
A) of poor accounting practices. B) of vast economic diversification. C) they must import most of the goods and services. D) most of the oil is exported. E) new businesses are being developed.