Which of the following describes the worth of all goods and services produced in a foreign country valued at prices prevailing in the United States?
A) real gross domestic product
B) purchasing power parity exchange rates
C) wholesale exchange rates
D) nominal gross domestic product
Answer: B
Business
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Fresh foods has sales of $213,600, total assets of $198,700, a debt-equity ratio of 1.43, and a profit margin of 4.8%. What is the equity multiplier?
A. .30 B. .43 C. 1.93 D. 2.43 E. 2.30
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What is the first step in the reflective problem-solving approach?
a. Select a solution. b. Establish criteria. c. Analyze the problem. d. Implement the solution. e. Define the problem.
Business