Beth, an American citizen, travels to Italy on vacation and buys an espresso machine to bring home. Her purchase increases: a. Italy's GDP
b. Italy's GDP and U. S. GDP, since Beth spent dollars buying the machine.
c. U. S. GDP since she will have the machine with her at home in the U. S.
d. Neither U. S. nor Italy's GDP, since the product was bought in one country and used in another.

How do patents and copyrights encourage innovation? they limit the number of inventions an individual may patent or copyright, so more people can invent things. they prevent inventors and other creative people from making huge profits, thus keeping prices low for consumers. they grant companies the right to copy the inventions and creative works of individuals at little or no cost. they give inventors and writers exclusive rights to make and sell their inventions and works, possibly making large profits?

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?

Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.