Wage rates are typically flexible upward but "sticky" downward
a. True
b. False
Indicate whether the statement is true or false
True
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Public saving is:
A. more important to national saving than private saving. B. increased when the government budget deficit rises. C. identical to the government budget surplus. D. less important to national saving than private saving.
If net exports are positive for China, it must be true that China is experiencing net outflows of capital
Indicate whether the statement is true or false
When using expert opinion, consumer surveys, test marketing, and price experiments to analyze consumer behavior, managers must consider whether the participating groups are representative of the larger population
Indicate whether the statement is true or false
Compared to IACs, LDCs are often characterized by:
a. lower life expectancy. b. lower adult literacy. c. lower per capita energy consumption. d. All of these.