BUSI 3250 FINAL EXAM (CH. 7-9) QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
Foreign environment - (ANSWER)all the uncontrollable forces originating outside the home country that
surround and influence the firm
Foreign Interactions - (ANSWER)interaction between domestic and foreign environmental forces or
between sets of foreign environmental forces
gross domestic product (GDP) - (ANSWER)total monetary value of all goods and services produced
within a nation
Gross National Income (GNI) - (ANSWER)total value of all income generated by the residents of a nation,
including both the domestic production of goods and services and income from abroad
high-income economies - (ANSWER)GNI per capital of $12,056 or more
middle-income economies - (ANSWER)GNI per capita between $995 and $12,056
low-income economies - (ANSWER)GNI per capita of $995 or less
upper-middle income economies - (ANSWER)GNI per capita between $3,896 and $12,055
lower-middle income economies - (ANSWER)GNI per capita between $996 and $3,895
developing economies - (ANSWER)lower-income nations, which have less technically developed
infrastructure and lower living standards
developed economies - (ANSWER)high-income industrialized nations which have high living standards
and the most technically developed infrastructures
, BUSI 3250 FINAL EXAM (CH. 7-9) QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
emerging market economies - (ANSWER)Economies with per-capita incomes in the low to middle range
that are in a transition toward developed status
GNI per capita - (ANSWER)indicates how advanced an economy is but should be used with caution
purchasing power parity - (ANSWER)A means of adjusting the exchange rates for two currencies so the
currencies have equivalent purchasing power
Atlas conversion factor - (ANSWER)The arithmetic average of the current exchange rate and the
exchange rates in the two preceding years, adjusted by the ratio of domestic inflation to the combined
inflation rates of the euro zone, Japan, the United Kingdom, and the United States
underground economy - (ANSWER)The part of a nation's income that, because of unreporting or
underreporting, is not measured by official statistics; includes production of legal and illegal good and
services
Economic Growth Rate - (ANSWER)The rate of change of real GDP from one year to the next
income distribution - (ANSWER)a measure of how a nation's income is apportioned among its people
GINI index - (ANSWER)A measure of the degree to which family income within a country is distributed
equally; wide range around the world
private consumption - (ANSWER)-disposable income: after-tax personal income
-discretionary income: amount of income left after paying taxes and making essential purchases
personal consumption - (ANSWER)ownership of goods and consumption of key materials
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
Foreign environment - (ANSWER)all the uncontrollable forces originating outside the home country that
surround and influence the firm
Foreign Interactions - (ANSWER)interaction between domestic and foreign environmental forces or
between sets of foreign environmental forces
gross domestic product (GDP) - (ANSWER)total monetary value of all goods and services produced
within a nation
Gross National Income (GNI) - (ANSWER)total value of all income generated by the residents of a nation,
including both the domestic production of goods and services and income from abroad
high-income economies - (ANSWER)GNI per capital of $12,056 or more
middle-income economies - (ANSWER)GNI per capita between $995 and $12,056
low-income economies - (ANSWER)GNI per capita of $995 or less
upper-middle income economies - (ANSWER)GNI per capita between $3,896 and $12,055
lower-middle income economies - (ANSWER)GNI per capita between $996 and $3,895
developing economies - (ANSWER)lower-income nations, which have less technically developed
infrastructure and lower living standards
developed economies - (ANSWER)high-income industrialized nations which have high living standards
and the most technically developed infrastructures
, BUSI 3250 FINAL EXAM (CH. 7-9) QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
emerging market economies - (ANSWER)Economies with per-capita incomes in the low to middle range
that are in a transition toward developed status
GNI per capita - (ANSWER)indicates how advanced an economy is but should be used with caution
purchasing power parity - (ANSWER)A means of adjusting the exchange rates for two currencies so the
currencies have equivalent purchasing power
Atlas conversion factor - (ANSWER)The arithmetic average of the current exchange rate and the
exchange rates in the two preceding years, adjusted by the ratio of domestic inflation to the combined
inflation rates of the euro zone, Japan, the United Kingdom, and the United States
underground economy - (ANSWER)The part of a nation's income that, because of unreporting or
underreporting, is not measured by official statistics; includes production of legal and illegal good and
services
Economic Growth Rate - (ANSWER)The rate of change of real GDP from one year to the next
income distribution - (ANSWER)a measure of how a nation's income is apportioned among its people
GINI index - (ANSWER)A measure of the degree to which family income within a country is distributed
equally; wide range around the world
private consumption - (ANSWER)-disposable income: after-tax personal income
-discretionary income: amount of income left after paying taxes and making essential purchases
personal consumption - (ANSWER)ownership of goods and consumption of key materials
