Eco 550 Midterm Part 2 Essay

1236 Words Oct 29th, 2015 5 Pages
Review Test Submission: Midterm Exam Part 2 (100 points) Course | Managerial Economics & Globali | Test | Midterm Exam Part 2 (100 points) | Started | 11/9/15 8:42 PM | Submitted | 11/9/15 9:29 PM | Status | Completed | Attempt Score | 96 out of 100 points | Time Elapsed | 47 minutes out of 3 hours. | Instructions | This midterm exam consist of 25 multiple choice questions and covers the material in Chapters 5 through 8. | * Question 1
4 out of 4 points | | | The use of quarterly data to develop the forecasting model Yt = a +bYt−1 is an example of which forecasting technique?Answer | | | | | Selected Answer: | Time-series forecasting | Correct Answer: | Time-series forecasting |
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dollar has what impact on Harley-Davidson (HD), a U.S. manufacturer of motorcycles?Answer | | | | | Selected Answer: | domestic sales of HD motorcycles decrease and foreign sales of HD motorcycles decrease | Correct Answer: | domestic sales of HD motorcycles decrease and foreign sales of HD motorcycles decrease | | | | | * Question 8
4 out of 4 points | | | European Union labor costs exceed U.S. and British labor costs primarily becauseAnswer | | | | | Selected Answer: | the amount of paid time off is higher in the EU | Correct Answer: | the amount of paid time off is higher in the EU | | | | | * Question 9
4 out of 4 points | | | In an open economy with few capital restrictions and substantial import-export trade, a rise in interest rates

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