The four P's are
a. Price, Product, Psychological, Promotion
b. Price, Placement, Psychological, Promotion
c. Price, Product, Placement, Promotion
d. Price, Product, Psychological, Placement
c
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A decrease in disposable income shifts the ________
A) demand for loanable funds curve rightward B) demand for loanable funds curve leftward C) supply of loanable funds curve leftward D) supply of loanable funds curve rightward
Figure 32-1
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In Figure 32-1, there are four levels of income. G is government expenditures and TT is taxes less transfers. Y3 is the full-employment level of income. At Y3
A. there is an official deficit but a structural budget balance. B. there is a structural deficit but an official budget surplus. C. the official and structural deficit are in balance. D. both the official and structural budgets show a deficit.
A firm with total revenue of $500, total cost of $700, and variable cost of $400 should continue to operate its production facility.
Answer the following statement true (T) or false (F)
An endogenous variable is typically ________
A) taken as given B) strictly explained outside the model C) strictly explained inside the model D) strictly explained by data E) strictly explained by graphical analysis