According to the Five Forces Model, ________ are the five competitive forces that determine the level of competition and profitability in an industry.
A. buyers, suppliers, government, foreign competition, and weather
B. rivals, consumers, labor, weather, and government
C. rivals, buyers, suppliers, substitutes, and potential entrants
D. None of the above is correct.
Answer: C
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Unlimited wants need not be a problem if
A. resources are also unlimited. B. resources are flexible in what they can do. C. resources are basic energy resources like oil. D. resources are human resources such as skilled labor.
Which of the following are NOT liabilities on the Fed's balance sheet?
A) discount loans B) bank deposits C) deferred availability cash items D) U.S. Treasury deposits
In the last four decades the U.S. money supply
A. grew every year. B. fell every year. C. grew in about half the years and fell the other years. D. grew almost every year and only fell in a few years.
Which of the following will increase the excess reserves of commercial banks?
a. a reduction in the reserve requirement ratio b. an increase in the discount rate c. the sale of government bonds by the Fed to the public d. the sale of government bonds by the Treasury to the public