"Marketers must consider macro environmental factors that operate in the external environment, when making decisions." (marketing, 6e, Grewal Levy) A Macro Environmental Factor that is not important to the Automobile Industry is

Economic
Technological
Consumer Trends
Weather
Demographic

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)