Donovan's $200,000 CD matures. He deposits $20,000 into his checking account, buys a CD for $150,000, and puts $30,000 into his money-market mutual fund. How does this affect M1 and M2?
What will be an ideal response?
He cashed in a large time deposit, which was not part of M1 or M2. He put $20,000 into an M1 asset (checking account) and $30,000 into an M2 asset (MMMF). M1 rises by $20,000. Because M1 is part of M2, M2 rises by $20,000 + $30,000 = $50,000.
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When Sony introduced the first consumer VCRs in the 1970s, the retail price exceeded $1,000. Within a few years, the price dropped well below $500. This is an example of:
A) skimming strategy. B) penetration strategy. C) cost-based strategy. D) price ceiling strategy. E) transfer pricing strategy.
Compare and contrast person–organization fit and person–job fit.
What will be an ideal response?
Describe precisely how an activist organization like Greenpeace can act as a reference group. Furnish a specific example of a way in which Greenpeace has influenced an organization
What will be an ideal response?
What is the name of the national organization that provides considerable resources and educational information for all state courts?
a. The National Center for State Courts b. The Judicial Conference for State Courts c. The Judicial Center for State Courts d. The National Conference for State Courts