An increase in population results in an increase in demand
Indicate whether the statement is true or false
TRUE
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The level of saving in Japan has historically been high relative to the level of domestic investment. Based on this information, we would expect that
A) Japan's private saving is greater than its public saving. B) Japan's capital inflows are positive. C) Japan's net foreign investment has been relatively low. D) Japan's net exports have been relatively high.
Double taxation of corporate earnings means
A. for individuals who get dividends on personal income, tax rates are twice as high as for wage earners. B. stockholders pay personal income taxes and corporation taxes on profits. C. stockholders do not get the plowback but still pay taxes on it. D. the corporation tax raises stock prices so individuals also pay a capital gains tax in addition to a tax on dividends.
Use the following general linear demand relation:Qd = 100 - 5P + 0.004M - 5PRwhere P is the price of good X, M is income, and PR is the price of a related good, R.From the demand function it is apparent that related good R is
A. normal. B. inferior. C. a substitute for good X . D. a complement for good X.
Bonnie has just purchased a crystal vase she saw advertised when she went on line to find her local weather forecast. The Internet ad is an example of
A) mass marketing. B) direct marketing. C) indirect marketing. D) interactive marketing.