BBQ to Go is a large fast food restaurant chain with franchises located throughout the United States. BBQ to Go's advertising will likely focus on which of the following?
A) promoting BBQ locations in a specific state
B) promoting a successful BBQ to Go location in Denver, Colorado
C) promoting the benefits of eating BBQ to Go sandwiches
D) promoting a struggling BBQ to Go location in Denver, Colorado
C) promoting the benefits of eating BBQ to Go sandwiches
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An illegal market in which the price exceeds a legally imposed price ceiling is called a
A) shortage market. B) surplus market. C) black market. D) fair market. E) subsidized market.
Assuming a required reserve ratio of 5%, interest rate on reserves of 1%, and interest rate on loans of 6%, what is the effective cost of the reserve requirement on a $10,000 deposit?
A) 0.05% B) 0.25% C) 0.30% D) 1%
In the 1950s, about _________ of U.S. workers were in unions.
A. 1/3 B. 1/2 C. 1/4 D. 3/4
Jose pays a tax of $24,000 on his income of $60,000 . while Richard pays a tax of $3,000 on his income of $30,000 . This tax is:
a. a flat tax. b. progressive. c. proportional. d. regressive.