The development of the large structural macroeconomic models was spearheaded by _____ economists.

A. Keynesian
B. classical
C. Ricardian
D. institutional


Answer: A

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a. Deutsche Bank b. Citigroup c. Barclays d. Charles Schwab

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Which of the following is not considered an operating expense?

A) General office expenses. B) Cost of goods sold. C) Freight-out expense. D) Advertising expense.

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Companies sometimes pick a one-market strategy. This marketing approach is called ________.

A. mass approach B. efficiency marketing C. undifferentiated target marketing D. low-cost approach E. differentiated strategy

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a. require the manufacturer to keep inventory levels as high as possible. b. help manage inventory from manufacturer to end user rather than from the suppliers to the manufacturer. c. use various inputs, such as sales forecasts, available inventory, and so on, to determine what needs to be done to replenish goods at all points in the supply chain. d. prohibit the use of buffer stocks as insurance against unexpected demand increases.

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