The debit side of the current account includes the imports of
a. goods only
b. goods and services
c. services only
d. services and resources only
e. financial assets
B
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By switching its sales agents to a sales neutral profit commission, the firm is trying to convince the agents
a. To not change their sales patterns, as it would not change their compensation b. Improve their compensation by pricing less aggressively c. Improve their compensation by pricing more aggressively (lowering prices) d. None of the above
In most cases, the higher is the quality of the collateral for a loan is
A. the greater is the handling charge for the loan. B. the higher is the interest rate. C. the riskier is the loan. D. the lower is the interest rate.
Which of the following conditions must be TRUE so that a firm can price discriminate?
A) There are no other firms in the market. B) The good is a nondurable. C) The good cannot be easily resold. D) All of the above.
The marginal propensity to save is found by dividing ___________ by ________.
Fill in the blank(s) with the appropriate word(s).