A company that has a contingency plan in place to protect against an unexpected disaster is considered to be
a. Lean
b. Agile
c. Fast
d. Efficient
b. agile
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Figure 4.5 shows the supply curves of a non-durable good. A shift from the supply curve S to S' could be caused by:
a. a patent application that restricts the use of a particular production technology. b. a decrease in consumer income. c. an expectation of a higher product price in the future among suppliers. d. an increase in the current price of the product. e. several competing producers going out of business.
Derivatives are securities that derive their values from the values of underlying investments
a. True b. False Indicate whether the statement is true or false
If the Fed's open market operations expand the money supply, one can expect
a. a decrease in excess reserves. b. bond prices to rise. c. interest rates to rise. d. open market sales of T-bills.
If the price of crude oil decreases, then this would most likely:
A. Decrease aggregate supply in the U.S. B. Increase aggregate supply in the U.S. C. Increase aggregate demand in the U.S. D. Decrease aggregate demand in the U.S.