Price fixing means
A. a firm consciously setting its prices.
B. pricing a product that will be sold in a foreign market at a level below the cost of production.
C. selling products of like grade and quality to different buyers at different prices.
D. competitors getting together to raise, lower, or stabilize prices.
E. changing a price that was set at the wrong level by the financial manager.
Answer: D
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International investment portfolios can increase volatility in foreign exchange markets because:
A. They can be highly speculative and short-term focused. B. They are too focused on long-term return rates. C. There are too many investors in the market. D. The markets lack competition and creates inefficiencies that result in rate fluctuations.
Which one of the following will tend to cause domestic interest rates to rise?
A) an increase in the money supply B) a decrease in the rate of inflation C) a decrease in the federal budget deficit D) an increase in interest rates overseas
Purchasing managers are the key players in the procurement process
Indicate whether the statement is true or false
Valerie works as a free-lance artist. Her financial advisor suggested she establish a Keogh plan for her retirement. Is this an appropriate suggestion for her?
A) Yes B) No