Which of the following is an example of a "metering" strategy
a. A supermarket offers free parking space but charges higher for grocery
b. A television reseller spends time making sure that the picture quality of the bargain priced sets is fuzzy
c. Razors are sold at unit cost while razor blades have large profit margins
d. All of the above
c
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Why are trade agreements between the U.S. and Mexico more controversial than trade agreements between the U.S. and Canada?
What will be an ideal response?
According to the monetarists, the velocity of money is
a. constant by definition. b. highly variable and unpredictable. c. constant as a matter of empirical proof. d. not constant but predictable.
If autonomous spending increases, the aggregate expenditure function becomes steeper.
Answer the following statement true (T) or false (F)
According to supply-side economics, a(n) ________ in the tax rate tends to increase the labor supply and ________ aggregate output
A) decrease; decrease B) increase; decrease C) increase; increase D) decrease; increase