McDonald's can offset the decline in demand by influencing the different variables that affected the demand function for their products
Indicate whether the statement is true or false
TRUE
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According to the book, the characteristic way an individual or family manages resources is shaped by 5 forces, which of the following is not one of them
a. Psychological/personality b. Economic c. Technological d. Cognitive
If the Fed wanted to reduce the federal funds interest rate, it might: a. increase the discount rate
b. increase the required reserve ratio. c. buy government securities. d. sell government securities.
Discrimination can come from many groups of people, including employers and fellow employees
a. True b. False Indicate whether the statement is true or false
What determines the price and the quantity produced of most goods?
a. the consumer's perception of necessity b. the interaction of supply and demand c. the quality of the goods that are produced d. the availability of substitutes for the goods