The CEO of a company repeatedly highlighted the performance of its rivals before introducing a proposal that required a major change in the organizational architecture. This implies that in marketing his proposal, he:
A. used force and coercion.
B. relied on reputation.
C. indulged in unethical business practices.
D. emphasized a crisis.
Answer: D
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In the market for used cars we have 10 sellers, willing to sell at the prices of $1000 . $2000 . $3000 . $4000 . $5000 . $6000 . $7000 . $8000 . $9000 . $10000 . If the equilibrium price in the market is $2500, how many cars would be sold?
a. 1 b. 2 c. 3 d. 4
Temporary Assistance to Needy Families is a government program with the goal of:
A. redistribution. B. economic growth. C. social insurance. D. None of these is true.
The Governors of the Federal Reserve System serve terms of:
A. four years, the same as the U.S. President, and the terms are not renewable. B. seven years. C. fourteen years. D. four years that can be renewed.
Refer to the information provided in Figure 27.1 below to answer the question(s) that follow.
Figure 27.1Refer to Figure 27.1. Suppose the economy is at Point A. A(n) ________ can cause a movement to Point B.
A. increase in government purchases B. increase in aggregate demand C. decrease in aggregate demand D. decrease in government purchases