A new approach to management that uses market structures is
A) CAPM.
B) market based management.
C) total quality management.
D) networking.
B
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If the multiplier is 3, equilibrium real GDP is $1,000 billion, and investment is $400 billion, what will happen if investment decreases to $380 billion? Real GDP will:
a. increase to $1,020 billion. b. increase to $1,060 billion. c. decrease to $980 billion. d. decrease to $940 billion. e. decrease to $970 billion.
An increase in inflation will cause a reduction in which of the following?
A. the GDP deflator B. the nominal value of money C. the real value of money D. the Producer Price Index
Perfect information is a necessary condition of perfect competition.
Answer the following statement true (T) or false (F)
Answer the following questions true (T) or false (F)
1. When the Federal Reserve increases the money supply, people spend more because interest rates fall. 2. Contractionary monetary policy refers to the Fed's decreasing the money supply and decreasing interest rates to decrease real GDP. 3. Your income will increase if the Federal Reserve buys a Treasury bill from you and pays you with a check from the Fed.