If gas prices suddenly change from $2 a gallon to $4 a gallon, larger, more remote stores with lower prices are ________ to have a(n) ________ in the number of customers.

A) likely; decrease
B) not likely; decrease
C) likely; increase
D) not likely; cha


A) likely; decrease

Economics

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________ can force a competitor to stop false advertising.

A) The Federal Trade Commission's (FTC), but not the Lanham Act B) The Lanham Act, but not the Federal Trade Commission's (FTC) C) Neither the Federal Trade Commission's (FTC) nor the Lanham Act D) Both the Federal Trade Commission's (FTC) and the Lanham Act

Economics

An economic theory: a. should be as detailed as possible in order to model the complexity of an economy

b. is an abstraction from reality. c. is only useful if it rests on realistic assumptions. d. is unrealistic and therefore of dubious usefulness in explaining what occurs in a complex economy.

Economics

Are credit cards and debit cards money? What's the difference between credit and debit cards?

Economics

________ policy focuses on the nation's money supply, while ________ policy aims at changing the underlying structures or institutions of the economy.

A. Monetary; fiscal B. Fiscal; structural C. Monetary; structural D. Fiscal; monetary

Economics