If an economy is in a recession, with output below its full-employment level, a(n) ____ fiscal policy can be used to return the economy to its long-run equilibrium, which would cause the price level to ____.
A. expansionary; increase
B. expansionary; decline
C. contractionary; decline
D. contractionary; increase
Answer: A
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a. Lower its selling prices. b. Increase its sales force. c. Give customers credit terms of 2/10, n/30 rather than 1/10, n/30. d. Reduce the number of employees working in the credit department.
Describe the four types of innovation. Give an example of each.
What will be an ideal response?
Microsoft is an example of how a company can avoid multiple antitrust laws in multiple jurisdictions, thanks to equalization agreements.
Answer the following statement true (T) or false (F)
If a paralegal is asking a domestic client about assets acquired during the marriage, the paralegal is inquiring about:
A) the marital property. B) the separate property. C) the prenuptial agreement. D) the necessaries of the couple.