At any point in time, a business has an existing pool of current and prospective customers who make up current market demand and a potential pool of prospective customers who provide the opportunity to grow market demand
Indicate whether the statement is true or false
TRUE
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The aggregate-demand curve shows the combinations of ____ and ____ that are consistent with equilibrium in the market for goods and services and the market for money.
A. the price level; output B. the price level; the real interest rate C. the real interest rate; the money supply D. the money supply; output
_______________ is a sustained increase in prices.
Fill in the blank(s) with the appropriate word(s).
An expletive
A) obscures the subject of the sentence. B) clarifies the meaning of a sentence. C) contributes to conciseness. D) provides a strong antecedent to a noun. E) substitutes for redundant language.
Dalton's neighbour, Rosemary, was a retired lawyer who handled all her own investments in the stock market
Rosemary was very successful with her investment decisions and would sometimes tell Dalton the various shares that she was considering purchasing if they happened to meet outside their homes. Dalton often followed up on his conversations with Rosemary, and would tell her how happy he was with the results in the shares they had talked about. One day Rosemary seemed more than usually enthusiastic about a particular share offering and Dalton decided to invest a large amount of his retirement money in it. Needless to say, after a small rise in price the value of the shares went south and Dalton lost $35,000. Dalton is very angry and wants to sue Rosemary for her financial advice, which of the following is TRUE? A) Dalton would be as he was a non-client of whom Rosemary had actual knowledge at the time the advice was given. B) Dalton will not be successful as it was not reasonably foreseeable that he would rely on Rosemary's information. C) Dalton would not be successful as the advice was not given in a business context. D) Dalton would be successful because it was reasonable for him to rely on Rosemary's advice in the circumstances E) Dalton would be successful because Rosemary knew he sometimes relied on her information.