Answer the following statement(s) true (T) or false (F)
1. Money market accounts normally require a minimum balance but are never covered by federal deposit insurance.
2. Series EE bond interest is exempt from state and local taxes.
3. The “rate of return” refers to interest earned upon previously earned interest.
4. The sticker price on an automobile accurately reflects the dealer’s cost.
5. In order to best negotiate a price on an automobile you should tell the salesperson exactly how much you want to pay per month.
1. FALSE
2. TRUE
3. FALSE
4. FALSE
5. FALSE
You might also like to view...
For the past 40 years Bhutan, a kingdom of 754,000 people in the Himalaya mountains, has relied on the following measure:
A) GNI. B) GDP. C) GNH. D) GNP. E) GTE.
When auditing pension obligations, the auditor will likely use a specialist to assist the audit team
a. True b. False Indicate whether the statement is true or false
Mansfield Pharmaceuticals markets Zipro, an antibiotic. The firm has fixed costs of $1,000,000 and variable costs of $2 per bottle of 50 tablets priced at $10 per bottle. What is the break-even volume?
A) 25,000 B) 55,000 C) 100,000 D) 115,000 E) 125,000
Lower-level needs such as hunger and thirst are important to marketers because these needs
A. are the source for most market development and assimilation strategies. B. require marketers to invest heavily on promotional activities. C. offer marketers a basis for differentiating their products. D. are the hardest to satisfy. E. are an ongoing source of motivation for most consumer purchase behavior.