Judy has just looked through her favorite catalog that came in the mail and has placed an order. The catalog is an example of
A) mass marketing.
B) direct marketing.
C) indirect marketing.
D) interactive marketing.
Answer: B
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The basket of goods measured in computing the CPI includes goods produced in prior years and imported goods
Indicate whether the statement is true or false
The natural rate of unemployment consists of frictional unemployment plus cyclical unemployment
Indicate whether the statement is true or false
Individuals who face greater risks
a. are more likely to purchase insurance b. are less likely to purchase insurance c. are neither more nor less likely to purchase insurance d. are risk neutral
Suppose that 10,000 people are willing to spend a maximum of $20 each to preserve one acre of rainforest. A conservation group mails out a request to each person asking him or her to mail in $40 to preserve one acre of rainforest. How many acres of rainforest will be preserved with this program?
a. Zero acres b. 1,000 acres c. 5,000 acres d. 10,000 acres e. There is not enough information to answer the question