The way one firm relates to another in the supply chain is referred to as being

A) upstream or downstream.
B) latitudinal or longitudinal.
C) left or right.
D) competitor or conspirator.


A

Economics

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Governmental policy decisions have

(a) only social benefits. (b) no private costs. (c) intended and unintended effects. (d) no social costs.

Economics

Americans will benefit if China has enough purchasing power to enable its people to buy American products

a. True b. False Indicate whether the statement is true or false

Economics

The income that households and noncorporate businesses receive is called

a. personal income. b. net national product. c. disposable personal income. d. national income.

Economics

Stagflation refers to a situation in which the economy is experiencing:

A. high economic growth and high inflation. B. low economic growth and high inflation. C. high economic growth and low inflation. D. low economic growth and low inflation.

Economics