Which group of policies aims at discouraging rivals from starting a price war?
A. Peak-peak pricing, two-part pricing, and price matching
B. Price matching and randomized pricing
C. Price matching, brand loyalty, and commodity bundling
D. Randomized pricing, price discrimination, and cross-subsidization
Answer: B
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The exemption of municipal bond interest income from federal personal income taxes
A. generally benefits the wealthy most. B. does not help municipal governments lower financing costs because it is offset by shifting increasing municipal bond rates. C. does not help municipal governments lower financing costs because it is offset by shifting falling municipal bond rates. D. is an indirect tax on the underlying municipal bonds that generate the interest income.
The quantity of money demanded to satisfy transactions needs:
A. is intended for unexpected expenditures. B. increases with the level of real GDP. C. decreases with the level of real GDP. D. is unrelated to either national income or the interest rate.
Have Malthus' predictions about population growth come TRUE?
A. yes, as evidenced by the famine and food shortages affecting every nation today B. Yes. The world's food supply, measured by calories per person, continues to fall. C. no, because modern birth control has limited population growth in all nations D. no, because the world's food supply has grown much more rapidly than Malthus foresaw
Some software firms require that applicants have passed certain standardized certification tests before being hired. This policy is necessary when
A) cheap talk does not provide a credible signal. B) cheap talk does provide a credible signal. C) the interests of the firm and the applicant converge. D) the applicant is honest about her abilities.