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3
A presidential candidate plans to begin her campaign by visiting the capitals in 3 of 40 states. What is the probability that she selects the route of three specific capitals? A presidential candidate plans to begin her campaign by visiting the capitals in 3 of 40 states.
Explanation:
Answer:
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The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.
<u>Given</u><u> </u><u>the</u><u> </u><u>Parameters</u><u> </u><u>:</u>
- <em>Nominal rate = 7% </em>
- <em>Actual rate of inflation = 1%</em>
<em>Real return = Nominal rate - Actual rate of return </em>
Real Return = 7% - 1% = 6%
Therefore, the real return on Luigi's money would be 6%
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The statement about global advertising that is most correct is:
C) Global advertising involves developing a single promotional strategy that can be implemented worldwide.
<h3>What is Global Advertising?</h3>
Global advertising is a way of raising awareness for a product in many parts of the world.
In this case, the promotional strategy could be online advertising, direct selling, or even public relations. The aim is for the news to reach the world with any of the strategies.
Complete Question:
Which of the following statements about global advertising is most correct?
A)Firms should avoid advertising in foreign markets and rely instead on otherelements of their promotion mix, such as personal selling and public relations.
B)Television is the best advertising medium for U.S. firms trying to promote theirproducts in foreign countries.
C)Global advertising involves developing a single promotional strategy that canbe implemented worldwide.
D)Given the lower incomes of consumers in many foreign countries, the bestway to promote American goods is utilizing a low price strategy.
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