A monthly budget can help you achieve financial security by
A) expanding the borrowing limits on your existing credit cards and increasing the number of credit cards you hold.
B) helping you choose stocks that are most likely to increase in price.
C) increasing your financial awareness and helping you allocate your funds more effectively.
D) reducing the likelihood that you will face unexpected expenditures for maintenance and repairs.
C) increasing your financial awareness and helping you allocate your funds more effectively.
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"Because firms in an oligopoly are so large, they do not need to consider each other's actions." Is the previous statement correct or incorrect? Explain your answer
What will be an ideal response?
Some market conditions make cartels MORE likely to succeed in collusion. Which of the following will make collusion more successful?
a. The products are heterogeneous b. The orders are small and frequent c. The firms are all about the same size d. Costs differ across the firms e. Firms are geographically widely scattered
Those hurt by inflation include:
a. labor unions with COLA clauses. b. borrowers. c. savers. d. owners of real estate. e. owners of precious metals, antiques, and works of art.
Points that lie outside (or beyond) the PPF are
A) attainable. B) unattainable. C) efficient. D) inefficient.