Cost centers
a. Are largely run by themselves
b. Require the parent company to monitor quality control
c. May try to reduce costs by reducing quality
d. Both B&C
d
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Laws that set maximum legal interest rates are called _____.
Fill in the blank(s) with the appropriate word(s).
Demand for a resource is a ___________ demand.
Fill in the blank(s) with the appropriate word(s).
If market incentives to produce are too strong, the market will end up producing:
A) too much of the good. B) too little ofthe good. C) a quantity equal to the efficient outcome, as market incentives can never be considered too strong. D) zero output
If Y = $500 billion, autonomous consumption = $400 billion, and the marginal propensity to save = 0.20, then saving will equal:
A. ?$300 billion. B. $300 billion. C. -$80 billion. D. $80 billion.