Who was responsible for developing the 14 principles of management?
a. max weber
b. henri fayol
c. douglas mcgregor
d. frank gilbreth
Ans: b. henri fayol
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What will be an ideal response?
A higher nominal money supply is equally demanded, given each level of income, at a ________ interest rate, meaning that the LM curve has shifted to the ________
A) higher, left B) higher, right C) lower, left D) lower, right
If price of product A increases by 10%, and the quantity demanded for product B drops by 50%, then these two products are
A) substitutes. B) complements. C) normal goods. D) inferior goods.
The relationship between consumer spending and disposable income is called the
a. conjunction function. b. consumption function. c. aggregate demand function. d. marginal spending function.